Robert Orban said of the DBX 242:
I designed it. It was originally intended to be the next generation
Orban parametric until Harman decided that Orban was only going to be in the
broadcast business.
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There were a few features removed (originally bands 1 and 5 were to be
switchable between shelving and peaking; now they're shelving only). However
the signal path is quite clean (5532's in low-gain inverting mode) and the
peaking EQs are unusual in that they are capable of deep notching (better than
-40dB), yet are reciprocal in the region of +/-16dB. (I hold a patent on that
particular circuit.) Further, the shelving EQs (bands 1 and 5) are switchable
from 6dB/octave to a quasi 12dB/octave mode, where the first 10 or 12dB or EQ
is at 12dB/octave and the EQ reverts to 6dB/octave after that. Combined with
the ability to do very deep cuts, this means that the shelving bands can also
be used as sweepable 12dB/octave lowpass and highpass filters.
The opamps in the parametric filters themselves are TL084s. While these are
reasonably good amplifiers (and are not in the main signal path), the intrepid
modifier might want to replace them with something higher-rent. (If you do, be
careful; the top shelving band might oscillate when you cut substantially
because the entire parametric filter in now in the feedback path of the main
ampifier.)
Also, unless you're worried about DC offset from whatever is driving the 242's
input, bypass the input electrolytic. It's probably the least transparent
thing in the signal path and is ordinarily not needed.
