I just prefer the way the bass sounds without any type of equalization, it seemed it reduced the bass with those settings
I think you have found your way to a truism. That is that these modern AVRs and I have to say Pre/pros are loaded up with useless junk that are massive quality spoilers. I suspect this has to do with the ghastly modern pop culture that has nothing to recommend it. All of these Eq programs and especially the dynamic ones undo the musicians tonal balance.
All of these auto Eq programs are dead end quality spoilers. If they do seem to improve things its luck and you must have lousy speakers.
Lastly this concept of always crossing speakers over at 80 Hz is wrong. If possible all capable speakers should be set to large and subs used gently to supplement the last octave. Best staring point is F3 of mains plus 50%. So if the F3 of the mains is 40 Hz then bring the sub in at 60 Hz.
I have set up enough systems now, mine and others to be certain that is the best approach. Current wisdom as expressed on forums like this is just wrong.
Signal paths need to be kept as simple as possible and not mucked with.
As far as the loss less codecs are concerned they are better but it is not immediately night and day. In large orchestral works those lossy codecs seem to smooth over the sound. The DTS MA on the other hand sounds incredibly realistic on a good recording with brass and percussion having significantly more impact. I think of all sources that show the difference the most it is grand opera.