Hi DD, wow--sounds like you're getting deep in it! I would agree with Jack and experiment a bit; but I would also urge you to not forget about more "natural" ways of controlling your room's acoustics, a la properly placed furnishings and the like. No doubt your room's acoustic properties are just as important--perhaps even more so--than any other sound quality determining factors regarding your system. And taking the time to control absorption, diffusion, and reflections without electrical correction can pay huge sonic dividends.
It's been my experience that most quality loudspeakers are designed to offer exceptionally natural sound and frequency response in a non-EQ'd room--i.e. rooms that have normal furnishings, drapes etc. to control too many unwanted reflections (yes, there is such a thing as desirable reflections, but let's not go there yet). A great source for information on how to control absorption, diffusion, and reflections would be the Rives Audio resource page here: http://www.rivesaudio.com/resources/links/frame.html). Only once you’ve exhausted your options for natural acoustical correction would I recommend using electrical correction; most of our customers report getting more natural, lifelike sound in a properly treated room with Audyssey off, but your mileage may vary. Looks like there’s some good info above on Audyssey so I won’t go into that here; but keep in mind that electrical correction can only ever be an after the fact band-aid solution of sorts. Hope this helps!
Happy Listening,
Oliver
Oliver Amnuayphol
Home Theater/Audio Guru
Aperion Audio