@phusis
There is no such thing as a "lossless" digital volume control. Some units may revert to an analog volume control. But, even the best digital volume controls lose bits as the volume goes down. It is just that the really fast processors do not lose enough bits to affect sound quality.
Down the road? I have been tuning my system one Hz at a time for 25 years. Let's say I measure my system and see a 3 dB dip in the left channel at a specific frequency say 358 Hz. I can select 358 Hz and increase it 3 dB. I can also adjust the Q of the filter matching what I see on the measurement exactly.