Weirdly enough, Alfred, that does not work, at least not with my Epson R800 and CorelPP10.
I had given up trying to print with Corel, using Adobe instead. Panoral's question prompted me to look again at David's instructions in his excellent book, but to no avail.
I fell back on trial and error. Today, for the first time, I got a decent print using Corel!
I am attaching screen shots of the setup I used. I am not quite sure why it worked, but here are a couple of things which seemed to make the difference:
1. In CM setup double click the composite printer icon and ensure "Do not override" is selected under "Color Profile".
2. In print dialogue select "Apply ICC profile". Why? I do not know - I thought I had already done this in the CM dialogue!
However the display on screen still looks terrible. I had to turn it off as you can see from my CM screenshot.