I don't think anyone is really disputing that Chroma is 'way off', in fact it's a brilliant piece of software and has its uses.
However, I do think people (think hobbyists here) are becoming obsesssed with obtaining a 'perfect' white balance (whatever that is). I've seen many projectors, all with varying powers of lasers. Some of them produce the most visually stunning whites that if you ran the figures through the software shouldn't look as good as they actually do.
Chroma is maybe a good place to start, somewhere to 'get an idea' of the wavelength and strength of the lasers needed. But beyond that, well, for us hobbyists anyway, I just say go for it and then judge the colours for yourself once your projector's built.
Hell, we're getting as bad as HiFi enthusiasts here. you know the ones I mean... Those who turn their speaker cables round from time to time so the electrons(?) don't get used to flowing in the same direction 
Just my £0.02's worth
Jem
Quote: "There is a theory which states that if ever, for any reason, anyone discovers what exactly the Universe is for and why it is here it will instantly disappear and be replaced by something even more bizarre and inexplicable. There is another that states that this has already happened.”... Douglas Adams 1952 - 2001