Yes, the Loki would work. You would have to adjust it for every different volume so it would be cumbersome. You could also not construct accurate opposing filters to your hearing ( Fletcher- Munson Curves.) Not enough bands. The best solution is a continuous band digital equalizer programmed to follow the Fletcher Munson corrections with volume change. To my knowledge there is no equipment designed to do this at this time. The Tact 2.2X and the last TCS are the only units I know of that had this capability. Anthem and Trinnov should get on the ball. 20 years later and nobody has yet to match Radomir Bozevic's technology. Dynamic Loudness Compensation is a gas. No matter what volume you choose the music sounds exactly the same. It is all done in the digital domain at 192/48. There is no distortion, none. Analog is wonderful as long as you keep to the "strait wire with gain" principle. Every time you do something to the signal you add distortion. Not so in digital. You are just juggling numbers.