I have K-3III (and KP) and Q7. When shooting in RAW with "Bold Monochrome", both produce RAW file with embedded B/W jpeg and full color RAW data, but there's an important difference in EXIF, and that's the culprit as others wrote.
On modern K DSLRs, Bold Monochrome is a Digital Filter, which could be turned ON and OFF, which overrides Custom Image ("Bright", "Landscape", "Monochrome" etc.) as far as embedded jpeg is concerned. Custom Image cannot be turned OFF, you (or the camera) have to select one even when it's overridden by Digital Filter. For example you can shoot using Bold Monochrome Digital Filer ON while your base Custom Image setting is "Bright" (i.e. color, not monochrome). And these things are written into EXIF.
Even though Q7 has Digital Filter and Custom Image like on K DSLRs, Bold Monochrome is neither of these, it's a Smart Effect which is somewhere between Custom Image and Digital Filter. Your Custom Image name is set to "Monochrome" in EXIF when Smart Effect is set to "Bold Monochrome" for example.
Here are two examples of how different software handle it differently, though I know nothing about Affinity.
First, Pentax's DCU, which knows nothing about Digital Filter nor Smart Effect but has a limited knowledge of Custom Image. When you open the Bold Monochrome RAW file in DCU for the first time in Browser mode, it ALWAYS displays embedded jpeg. The picture looks like SOOC jpeg would look. Whenever you move to "Laboratory" mode, DCU uses its own rendering. When you do this for the 1st time, it ignores Digital Filter and Smart Effect, but tries to apply the matching Custom Image profile. In case of K-3III Bold Monochrome shot with color (e.g. "Bright") Custom Image, this means that DCU displays it in color. In case of Q-7, since Custom Image name is set to Monochrome, DCU uses its Monochrome Custom Image profile, but without high-contrast setting specific to the Smart Effect (i.e. the rendering is B&W but very much different from how the SOOC jpeg would look). But you can easily switch to color if you want. Regardless of the camera, unless you actually edit the photo, getting back to Browser mode will show you the embedded jpeg again.
Lightroom ignores everything about Custom Image, Digital Filter and Smart Effect. It uses embedded jpeg when the users select the RAW file for import. Once the file is imported it does its own color rendering even when you don't edit anything. Of course you can manually switch to B&W.
Last edited by kwb; 01-20-2023 at 03:05 PM.
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