Hi Bruce,
Here are the benefits of DEQX as summarized in the calibration software manual:
Correcting full range passive (traditional Hi-Fi) speakers plus room correction:
Anechoic Frequency-response calibration.
Anechoic Phase-response/Timing-coherence calibration.
Integrate subwoofer/s with time-domain and/or Parametric EQ room correction.
Multiband Parametric EQ for real-time preference and room EQ adjustment.
Improved imaging and sound-staging.
Improved frequency-response accuracy.
Improved timing coherence.
Three band tone control including a fully parametric-EQ band with 99-memory (remote control).
Additional features if using DEQX-Active crossover option (available on some models):
Stereo 3-way active crossovers: 6dB/octave to 300dB/octave.
Steep linear-phase filter option.
Automatic timing/phase alignment between up to 3-way speakers (or 2-way plus subs).
Increased loudness.
High dynamic resolution (reduced distortion) due to drivers operating in linear operating zone.
Reduced crossover distortion - reduced comb filtering.
Improved natural dispersion - reduced unwanted on-axis driver beaming of high frequencies.
I'd imagine that the main benefit DEQX can provide with respect to driver distortion would be in cases where subs are being used (as in your case), or in biamped or triamped setups. In those situations DEQX could introduce very sharp filter slopes that would keep some of the drivers from having to deal with frequencies that are out of their comfort zone. And it could do that without the adverse timing and phase effects that would result if that were done in speaker crossovers or elsewhere in the analog domain.
With a single-amped speaker that is being driven full-range, such as in my case, I'd imagine that any benefits to driver distortion would be incidental, due to relatively minor "second order" effects. An example perhaps being taming a frequency response peak in the bass region that is contributed to at that frequency by harmonic distortion of a lower frequency.
Regarding Magico, as you've no doubt seen in various threads here and elsewhere, they tend to be controversial. While they seem to do pretty much everything right on paper, and a lot of folks love them, some find them to be unmusical. Also, the impedance characteristics of the S5 shown in the SoundStage measurements you linked to do not inspire confidence in their tube-friendliness. While their impedance magnitude is relatively flat across most of the spectrum, as you've mentioned in the past, it is around 3 ohms in a good part of the bass region, and that low magnitude is combined with a fairly severe -45 degree capacitive phase angle around 50 Hz. That said, though, I suspect that your amp could handle them better than most tube amps, due in part to their relatively low output impedance and their very substantial power supply.
Best regards,
-- Al