My g/f got me the Raven Labs PHA for Christmas! Sounds great for practice, really brings out the real sound of your bass and fingers... for better or for worse! The yamaha headphones are decent at best, but will do until I can get some better AKG ones. The EQ is pretty standard but more than gets the job done. I think it makes an excellent practice tool and will come in handy when jamming with my brother at his apartment (his neighbors have no taste in music or appreciation for good tone). I have yet to hook it up to my CD-player but with SILENT practice, I think my family will like it more than I do!!! p.s. Happy Holidays my bass-playing bretheren!