A pretty nice introduction to color management and what it means. In typical Petteri style, a bit cheeky and humorous. My personal highlight: If you're shooting or converting to Adobe RGB. Adobe RGB pictures displayed on a non-colorspace-aware application or badly color-managed system will look wrong, wrong, wrong. The colors will be flat and gray. If you like them that way, fine -- but remember they'll come out bright and vivid if you send them to a competently run photo lab that prints from digital originals. To ensure flat and gray prints, use sRGB and make them flat and gray in your image editor instead.

Here's the original article.