Do you still have that sexy (Marantz?) EQ? That thing was fantastic.
Either way, I actually usually prefer hardware EQ to software EQ. For instance, the EQ controls on my Pioneer SX-255R are fantastic. The bass knob is so smooth and subtle (the SUPER BASS button isn't).
All this being said...I hardly ever EQ anything anymore. I always think about doing it and then the anti-EQ mindset...sets in again.
Yes, I have that EQ - it's a Sansui, and analog, and on some really bad recordings it can be quite effective. I like using EQ, and tone controls, to deal with certain recordings. I do NOT like using it to correct for overal system sonics. I want my system (speakers, headphones, whatever) to have a sound that pleases me on the vast majority of reasonably well recorded material. And then I will EQ recordings that are not reasonably well recorded.