I was hoping you'd reply to this Richard. I actually have the warm version. I do agree that you are right. If you haven't got one already, then perhaps spending all that money is a waste of time. :shrug: The thing is I bought one a couple of years ago when my panel failed for LSWPP. I was told that my WB was a little in-consistent and to help me with this an expodisc was a graet tool. It does saves you time in PP and it does make me more consistent, so I suppose it is how good you are with PP? What ya reckon?
If it works for you Nigel, then that's good. White balance is obviously important, I just don't think it's that hard (expensive) to sort out.
You mention consistency, and I would say that's actually more important than technical accuracy. If you've got a series of pictures where the bride's dress is changing, then that will look pretty bad. Far worse than if they were all the same, even if they were all slightly wrong.
I think the best way to sort it in a wedding situation is probably to include a grey card in one of the frames every time the light changes, ie outside in sun, shade, indoors, with flash etc. I think some photographers get the bride or someone to hold a grey card (or a white one, so long as it doesn't get over exposed and blown out) and then use the dropper in post processing to reference that. You can then tweak that how you like and every similar frame will be identical.
Just on the accuracy thing, the colour of an object you see is the colour of the light reflected off it. So in that sense, the naked and unadulterated Raw will always be technically 100% accurate regardless of the light - it just doesn't look that way because our brains adjust what we see so that it looks the same in daylight or room light or whatever even though it actually is not. Hence the subjectiveness of it all.
If you compare extremes - say tungsten room light against flash - then because the tungsten element doesn't actually have much blue light in it anyway, it's very hard to modify everything in post processing to produce some colours that are in fact hardly there at all.