"Red/blue blend" and "shorter wavelength than blue" doesn't quite jive... can you explain further what you mean?
You can get violet hues either directly from the pigment or by mixing red and blue(additive color mixing is the key word, or two flashlights with gels for experimenting) - your screen does the latter. Nature has a bit of both.
Now look at a picture, preferable a drawing, not a photo, of a rainbow; the colors go red(long wavelength) orange yellow green blue (and now the violet hues the camera mistakes for blue, because the red you'd require to mix the color is so far away it doesn't register on the corresponding sensor cells).
Now you can have two problems: really bad reproduction of some colors, think flowers, minerals and such. And the other occurs if two things have the same color, but use the different ways to get it as described at the start. half the stuff will be properly pink, magenta, violet - but the other renders in blue. Now you can't even explain that this is the way its supposed to be...