No room correction yet but you do have 11 bands of PEQ to play around with.
I got it last night but yelled and screamed for at the thing for about an hour because I couldn't get the damn triggers to work. I have both of my amps plugged into the Belkin PF31 because I'm out of wall outlets. Well for some reason the Belkins' switched outlets won't even turn on with the XMC. I had no such trouble with the UMC-1 or the Marantz. I don't know what they changed but it sucks. I ended up turning on the switched outlets manually and the amps freaked out, turning on and off hella fast, sounded like a typewriter. I did happen to read on the Emo forum that others were having this same issue and that the temporary fix is to use a trigger cable with a resistor wired in or something. If I hadn't read about this on their forum it would have scared the hell out of me.
So I ended up bypassing the triggers and turning on the amps manually just to make sure I had my speaker connections right and then it was time for bed. So I didn't even get to listen to the damn thing last night.
Also when I was checking the connections I noticed that I got no sound from my rear sub. I think I had the XMC set to "Dual Mono" for subs. Maybe you have to set it to stereo to get test tones out of both subs.
I don't know man. I was SO excited for this thing but now it's starting to feel like the UMC-1 all over again.