Ok, I did a quick test to see what the SMS-1 is doing to my LFE.
1st pic is through the EQ output:
2nd pic is bypassing the EQ using the "thru output"
Proof I'm still using the old software
I have my wife looking for a RS232 cable at Wal-Mart right now so I can do the update.

Cause I'm getting ROBBED of sweet precious BASS!