Equalizer in a Hi Fi system

I've had the hankering for getting a new DAC, and noticed that the RME ADI-2 DAC has lots of cool features, among them being 5-bands of parametric EQ.  Right now I'm using a studio equalizer only for vinyl playback, but having digital EQ right there in the DAC seems like a great way to go!   It goes for $1300.  I'm still deciding on it.  

I’ve heard RME dac is a little edgy or a little digital glare or etch. Don’t know if that’s true. I’ve yet to find a digital EQ that tone shapes even close to balanced analog studio EQ. If you try though, I’d love to hear thy impressions!

@mirolab , how close are the programmers at Plugin Alliance getting these classic emulations to sound in comparison to their original analog hardware counterparts?  I listened to a YouTube video comparing the SPL PQ, plug-in vs hardware version on my HEKse. I honestly couldn’t tell a difference.  Are plug-ins that good now across the board?

I have a home studio... not a fully decked out commercial studio.  My best AD/DA converters are on my Lynx Hilo... a $2500 box for 2-channel converters.  As good as they are for the money, I can still hear a generation loss if I send a full mix out of the box, and back in.  So if I use analog gear, it's going to be to do something drastic or fantastic to the audio, in a creative way.   I do 95% of my mixing and mastering In-The-Box. (ie. the computer)

For pleasure listening... yeah there's still no substitute for the analog EQ, both for the sound, and the speed, and fun of it.   For mastering tho... I need the precision and instant recall of digital plugins.  I've tried mastering through my analog gear, and as good as it is, I have more control, and get better results through my various plugins.    

Thanks, my friend. Great insights.