Hey Metro, well only one band, careful what you mean by "Q", as in other posts, I knew Q as centre frequency back in the old days when I did audio engineering degree, as MJMP points out, that's not what it means these days. IIRC he said it means quality, and also the resonant frequency of a speaker. This (link) doesn't mention Q so what do you mean by it ?
Looks pretty cheap and cheerful to me, if you just want to boost one area of the sound (it doesn't appear to have cut (so to me isn't even a 1 band parametric)).
Interesting the spelling (Dial in percise EQ settings) and you get to dial in 1 setting only (at a time).
I've not heard one, but the Rane you have coming should be good.