People are missing the point. Good EQ has an OFF switch. It is a feature, not a mandatory adjustment.
Some recordings simply are horrible or unrealistic without EQ. Being able to tame screechy treble or bring up missing bass is a very nice feature.
If you listen only to modern audiophile recordings, or you have optimized your system to sound good with Living Presence discs, and that's mostly what you listen to, this does not apply to you.
If you never play the music softly late at night, you are not among those who would benefit from adjustable loudness compensation.
For heaven's sakes, volume controls degrade the sound. Do we play everything at full volume to get the purest sound? No -- we live in the real world and accept that it's full of trade-offs. And manufacturers put some effort into making the best volume controls possible, as they should do with EQ.