If you like to play with computer graphics programs, you will probably like EQ, too. There's a pretty steep learning curve, but it has so many advantages over drawing and coloring graph paper, it's not even funny.
Use scans of your own fabric or manufacturers jpgs or .fab files to make your quilts with pictures of actual fabrics.
Make your blocks exactly the size you want. Print templates or paper foundations or rotary cutting charts for that block.
Set your blocks straight, on point, with sashing and/or cornerstones or without, with or without borders, as many as you want, pieced, appliqued or plain, mitered or boxed.
Try as many different layouts as you want. Rotate blocks, rotate alternating blocks or individual blocks to investigate secondary designs. Swap colors and fabrics to your heart's content. Honestly, it's become as much fun for me to design "virtual" quilts as it is to make real ones.
Plan the quilting designs, binding, applique accents, photo blocks or even machine embroidery designs.
Have your yardage and # of patches calculated for you and print the chart to take to the fabric store with you - with swatches of fabric printed on the list.
The software is just as addictive as quilting itself. :)
If you can purchase the newest full version, I think you'd be happier in the long run.
It's on sale at quiltinaday.com for $134 or something like that, so it's a little more expensive than EQ5, but if you like doing this type of computer stuff, you will get a million $$$ worth of entertainment out of it before you know it.
It's like Super-Pac-Man, Zelda, Kingdom Hearts, Final Fantasy and World of Warcraft for Quilters! ;)