Quote:
Originally Posted by mcbit
With PS default settings if you change the colour profile of an image in PS you will see no difference in that image on screen in PS.
If you change the external editing profile in LR the document you see on screen in PS remains the same as the image is displayed in the PS current workspace profile whatever its embedded profile.
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Only IF you have the Color Settings set up properly in CS3. If not, you'll see color differences. The difference between your setup and the setup of the OP (and mine, for that matter) is why you don't see a color change and others might.
In Color Settings, you have the option to preserve embedded color, ignore mismatches, or convert to your working space. I prefer to preserve the embedded color and have it warn me of mismatches so that I can control how I want to edit that particular file. If you set it up to convert any mismatch to your working space, the engine will remap the colors prior to opening the photo and you won't see any differences. If you choose to ignore the color mismatches, you're on your own

You will have color issues in most instances.