it's 31 bands per channel. stores 100 sets of 8. there are a million leds on the front. levels for all 8 channels, plus 31 band by 12 step per band real time analyzer.
i use the analyzer constantly. you can flip back and forth between two channels to see what frequencies are clashing.
it can do plus/minus 12 db per band, but tbh i'm finding that if i use anything more than about 4db i start to notice phase distortion and it starts to sound a bit digital and cold.
it can do interesting things if you link the channels in serial (using the motu cuemix) and apply large eq changes to specific frequencies. all kinds of weird digital spookiness.