That's ignoring metamerism and the goal for 'pleasing' colour as well.. The huge investment in Portra wasn't solely to get accurate colour..
Metamerism is much more important, especially for landscape photographers but it often bits digital photographers. e.g. the Leica M8 had excellent delta E values but shoot some fabrics and you ended up with purples instead of blacks.
Chlorophyll in landscapes causes similar problems - checkout my Big Camera Comparison (google it) and look at the landscape shots. No matter how you calibrate the film/digital response, certain colours in the scene won't match. Film seems to get it best if you look at aesthetics of colour.
Tim
p.s. In museum repro tests, film gets delta E of between 4 and 6 and digital can get delta E a bit less than this. Given that you can only really differentiate these levels of delta E in a low contrast clinical environment, it's irrelevant.
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