You ought to consider also the Behringer DEQ2496. It has a 31 band graphic equalizer, but also has a parametric equalizer, a 61 band real time display, auto-equalization, (neat!) and some other features. It costs,with the calibrated mic and cable, about twice as much, but still cheap by audiophile standards. The DEQ1024 seems to use the same 24 bit 96KHz digital stuff, which, to me, sounds good. I can't hear any difference when the digital processing is bypassed (A/D and D/A with the EQ flat).
Check them both out on the Behringer website.
Check them both out on the Behringer website.