I gave it shot today as well, but had some really weird things happening with the EQ settings. I had the EQ set to 2 channel stereo (10 bands), locked left and right. I was able to make some corrections and flatten out the curve quite a bit (it really is amazing how some of the peaks and valleys are in such a narrow frequence range). The only problem is that it seemed to only affect the right channel. I tried resetting 2-channel mode, locked L/R, etc. I have no explanation for it... anyone have any ideas? I did not try setting L and R independantly (yet).

One thing I found very helpful was to run the mic into the PC's right channel and patched into one of the empegs line outs to the left channel. Then by looking at L and R separately, I could see a clear picture of how the EQ curve was set and the effect of the "Q". It took me a little while to get a handle on "Q"...

Cheers!
Phil