I quite understand that the performer wants us to hear the recording "flat" as that is how it was recorded. However, one person's listening experience is different from anothers. I like bass. I like to feel music, and at the same time, I like nice crisp highs. Also, don't laugh, but one person could have hearing loss as I do. Too much loud music with headphones and earbuds when I was younger has my right ear struggling to hear high frequencies.
I have fooled around with this EQ tonight. I tried the system with and without the EQ. Put in a CD. Pushed play, then while on pause, cranked the volume to max to hear any hiss or hum. Was barely audible on both, only when I put my ear right beside my tweeter. No difference however. So the EQ is not adding noise, if it is, it is inaudible.
I had a Technics 7 band graphic and now I have this 31 band and I can adjust it beautifully. More important for me, while listening to CD's through analog connections. Before, I could not EQ analog, only when listening to a CD digitally through my Denon 3805. My Denon 2910 analogs sound so much sweeter now!!!