That unit could certainly be used for your sub roll off equalization. For just one function, equalizing a 12db per octave roll off at a known corner frequency, I would build the equalizer. That would be especially true if it was just to insert between the Antimode and the amps. That Behringer unit is overkill, but it would do the job.
Mini DSP would also do the job for you.
In your above situation, you would use the generator to generate the dialed in frequency and vary the voltage. The scope would show you the wave form. It is a lot easier to see early clipping than hear it, plus you can measure the peak voltage were it starts on the scope.
A FET VOM is a high impedance amplified meter, that will not lead an output, and give you accurate RMS measurements.