Unless you are preparing to spend lots of time in making your own profiles all the time for all the paper you use and you will continue forever tweaking your profiles after making them instead why not just get a set of reasonably good ink and do what fine art photographers do by making fine adjustments in many possible ways in colors, saturation, density, contrast by your favorite software (many prefer Photoshop as an example) then print your final work as produced that way. You probably will make some fine adjustments to colors even if you have a custom profile in place.
When I first got my ip4700 I had serious issues with the colors it printed. The inks were OEM. I kept asking myself if I should get a profile to change it? I decided not to. I could still produce very nice colors if I photoshop my images first. I could try to profile it but I figured it would cause me to want to keep tweaking the profiles still. I ended up refilling it with Hobbicolors inks and forgot about getting profiles. I saved money and more importantly I avoided the trap of getting into endless tweaking of profiles.
When I first got my ip4700 I had serious issues with the colors it printed. The inks were OEM. I kept asking myself if I should get a profile to change it? I decided not to. I could still produce very nice colors if I photoshop my images first. I could try to profile it but I figured it would cause me to want to keep tweaking the profiles still. I ended up refilling it with Hobbicolors inks and forgot about getting profiles. I saved money and more importantly I avoided the trap of getting into endless tweaking of profiles.