If you've ever swapped speakers because you didn't care for the voicing, you've engaged in equalization of your stereo's sound. If you ever said to yourself, "Wow, it sounds so much better with this large painting on the wall here", you've eq'd your room. What the heck. Get a nice equalizer and play around. Don't like it? Too many wires to untangle now? Sell it to somebody else. If you lose a few bucks on the deal look at it as a rental fee on the unit.
I honestly don't know why this has any controversy attached to it.
To the guys who go on about hearing things "as the artist intended" - the artist doesn't even get to hear that. First the producer tells him to change it so it's less "busy", then the engineer changes out the mics or runs different effects because they record better, then the mastering tech eq's it the way he thinks it should have been in the first place, then the marketing rep says it's too dynamic and won't sound good on the radio so it gets mastered again to be hotter, then it goes to the radio station where they compress the crap out of it, then it zaps up & down through a satellite to your computer (streaming device of some kind), then it works it's way through your preamp, amplifier to your speakers with their supposedly 'flat' response where you can complain about how the manufacturer of your unit should have left off the bass & treble controls because they might be coloring the sound while it's all bouncing around in your listening space. Then some cat comes over and says, "oh, I heard in an interview that they recorded that album specifically so it would sound good on crappy car speakers because that's where most people are likely to hear it", and you punch him in the mouth.