This is not only my favorite EQ plugin, but also overall the most pleasant (effect) plugin to work with that I ever had. Latest version added the only thing that I've been missing (wasn't anything significant), now is as close to perfect as possible. Only EQ that I use, period.
I recommend this plugin over ANY OTHER equalizer, without a hint of hesitation.
I tried the demo, It seems almost great... The one bleedingly obvious omission from this one is the ability to expand... To see a product so well thought out, and so well implemented get so close to it's potential and not quiet stick the landing is disappointing. I searched their website for a forum or suggestion page, but none to be found. I would buy this in a heartbeat with the expansion option... As is, having not quiet fulfilled my needs, I am very excitedly on the fence... Fingers crossed they see this post and make it great. :)