Non-official, non @wizard answer, but I can say with almost 100% assurance, yes, it will – pretty sure the Pixelblaze only reorders colors as its sends data to the LEDs.
And in any case the ‘W’ calculation just looks at the difference between R,G, and B color values to figure out how much white ought to be present. The closer together they are, the more white. Changing color order doesn’t affect this calculation at all.
I have this working, along a few more changes in the release. The rgb() function also didn’t support HDR e.g. with APA102/SK9822 LEDs, but that is getting fixed as well! Just a bit more to polish up on the release, and port back to V2.x.
Ohhhhh that explains a few things. If I have a chance to port in rgb2hsv, I’ll compare my RGB output with hsv(rgb2hsv). Otherwise I’ll wait for the update.