I'm not a fan of the idea using an eq between the guitar and amp.
It sort of sends the message that at least one of the equipment is simply wrong for the wanted tone and that eq is trying to fix it. Sure there can be situations, can't argue with that but I'll probably try searching the answer somewhere else if possible.
On the other hand, eq on fx loop can be very useful. Imagine it as an alternative to swapping speakers of the amp without the hassle. Amp eq's are designed to have musical results, they work around the tone usually with wide bands. An eq (let say specifically eq pedal) has a much more direct+narrow band approach, if you know the needed freq. change it will do it with no surprises.
Mesa amp's famous 5 band eq might be a nice example, notice its usually a V shape for modern tones. Also some people use upside down V shape at home, to compansate when they can't crack the amps volume. I use it on computer, when selecting the closest ir to my liking if there is time and need I don't hesitate to boost o cut some freq.s.
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This post has been edited by Mertay: Sep 13 2015, 10:47 PM