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I asked Rob and he explained me how the system works. Essentially it has 3 stages: 1) Pickup switching. Each pick up is built using 2 noiseless (*) Jazz-type pickups. There is a switch for each pickup. Each switch has 3 positions: J-pickup 1, J-pickup 1+2, J-pickup 2. 2) Standard preamp. Balance, volume, treble, bass 3) Semi-parametric 2 band. 4 knobs: 2 for the bass section, 2 for the treble section. The treble and bass section work similarly. One knob set the frequency the other the boost/cut. FAQ: Q: Why do I need a 2 band eq in stage 2 if I already have a semi-parametric in stage 3? A: It is possible to replicate what the 2 band EQ does using the semi-parametric. However, the semi-parametric is there to add a further level of equalization. In practical terms, it is possible for instance, boost the treble slightly and create another independent boost of the treble frequency for everything above for example 3kHz. Q: Do I need it? A: In my opinion, it depends what you would like to achieve. If you like to keep the amp flat and manage everything on-board it might be a cool thing to have. If you are happy with the EQ section of your amp and the standard Status electronics, you can probably live without it – especially considering the Status basses sound very well without any EQ (on or off board). Q: Can I have the pickup switching without the semi parametric EQ? Can I have the semi parametric EQ with standard pickups? A: My understanding is that the system is modular and it is possible to order them separately. Q: Does the EQ operate on the two pickups separately? A: No, it doesn't. It operates on the signal post pickup balance. I hope the above helps. ------------------------ (*) Noiseless J pickups are built using two coils in series instead of just 1 coil. With two coils, one coil operates on string E and A the other on D and G. The two coils are wired reversed and usually they have reversed magnets. In this way, electromagnetic interference that hits the pickup is cancelled by the coils configuration.