Hasta La Motion!

I’m trying to learn about linear light compositing in After Effects and think I have pretty much understood it, but one thing I still can’t figure out.

I work in a 32bpc Linear sRGB comp with linear Open EXRs. Everything works wonderful. When compositing is done, I want to do color correction. I’ve read that color correction is “best” in video space (gamma corrected) so therefore I make a new comp with my master comp and apply a Color Profile converter to my comp. It becomes very bright and washed out (double gamma I guess), so I turn off the “Display compensation” and I’m back to normal. I do color correction and everything seems to be working – until I export the quicktime master. It is bright and washed out. I have a double gamma somewhere. In the export setting I set sRGB.

Any ideas to this would be very appriciated!