I shot some footage in Sony Slog2/S Gamut, and have the Property Settings as:
Pixel Format 32 bit floating, full
Compositing Gamma Video 2.2
ACES Version 1.0
ACES Color Space default
View Transform sRGB
Under Media Properties, I have the Color Space set to the Color Space of the camera: SLog2/S Gamut.
When I try to add the SGamut/SLog2 to Rec 709 LUT Filter, the whole thing goes completely crazy. However, if I dial down the strength to .10, it starts looking normal.
Image with the LUT applied, but strength dialed down to .10.
Image with the LUT applied, but strength at 1.00.
Am I missing something here? When I apply LUTS in Resolve, I've never seen them do something like this. Just not sure what's happening. Probably user error I'm sure.