Well I went ahead and tried it, and interestingly it did seem to work. And while I realize it may not be ideal/perfect, it does seem to have produced a functioning profile, and it's not out of whack ...

I own a Mac Mini, which is linked up to a Sanyo Z5 front projector, and also a Macbook. What I want to do is get both displays to be as color accurate as possible, as I want to show photos processed ...