When I first got into this hobby back in the mid 1970's graphic equalizers were very popular. By the early 1980's as audio boutique stores selling astrobuck audio gear began to emerge, using a graphic equalizer became frowned upon; so much so that IME they were no longer offered in most audio companies' product lineups.
It seems that over the past decade as the headphone hobby began to expand and more quality audio gear was offered to the headfi enthusiast, that the graphic equalizer began to experience a Renaissance.
I think that Schiit Audio has had a lot to do with this Renaissance, given the company's first offering, the Loki Mini, followed by the Lokius and Loki Max.
I use a Loki Mini in my headfi system and a Lokius in my two channel system, and find them to be very beneficial in tailoring the sound to my personal taste.
I truly cannot envision any audio system that I use, not having a graphic equalizer.
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