The default min probability of 0.05 is not relevant, it's just for
computational convenience. What is relevant is the minimum probability
threshold that you eventually applied to your data (I would guess it
is somewhere between 0.5 and 0.9). The probabilities as computed by
peptideProphet or PropteinProphet should be interpreted as local FDR,
for additional discussion see
H. Choi and A.I. Nesvizhskii, False discovery rates and related
statistical concepts in mass spectrometry-based proteomics. J.
Proteome Res. 7, 47-50 (2008)
The (global) FDR can be computed directly from local FDR, and is also
reported in the output files (the ROC curves). So you would want to
report the minimum probability used for filtering,as well as the
corresponding error rate (FDR) from the ROC curve.
The decoy-based method of estimating FDR is an alternative way. Just
because the decoy-based method is very easy, it does not man that it
is necessarily better. Both methods have advantages and disadvantages,
and in fact can be combined within a single model for improved FDR
estimation, see other related papers from my group in JPR January
issue.
Alexey Nesvizhskii