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This is FL Studio's default EQ, and the only one I've used (though I do hope to expand to Fabfilter Pro Q 2). It's very good, and the spectrograph is very help for finding this undesirable frequencies. Also, automating a bandpass filter in this can make some pretty good wobble sounds (I learned that trick SeamlessR ;) )
Parametric EQ 2 is a great EQ, the frequency bars approach can clearly show individual harmonics. I use this EQ for all of my EQing. It's also great for modulation when creating basses.
My EQ plugin of choice, there are many better EQ plugins out there that are probably better than this but it gets the job done.
I think this is a great project it has great tools you need and it has all the things you need to become a dj so if you like it like I do please by all means get it!!!!!! enjoy partying