jdyke - I liked your workflow ideas - barring the actual colours used it is similar to the flow I now like to use.
Although I think I like your idea on the sharpening - I have noticed its a little "iffy"
It would be nice if you could relabel the colours with words that popped up - like in iView - you can change Blue to read "Print"
You can edit the colour text, find this menu item in Library> metadata> color label set> edit
You can use multiple 'sets' of color labels, there are already two in LR.
1. default: where the labels are designated as their color.
2. Review Status: Red - to delete; Yellow -color correction needed etc
You can edit the sets and save them as a new set or preset. The odd part is that when you change the titles, it seems that all of your color labels disappear, but they don't really. Have a play.
You can download a Colour label set from LightroomExtra.com, the are also notes in the FAQ general section.
I make that assumption that I can post this web address in this forum, if not, please remove it and accept my apologies.