I looked on Amazon because I have been contemplating EQ also and have some questions: 1) What is EQ Design Wizard? An add on or baby version? Also when is EQ 8 expected? Do you get updates but must repurchase if a new version comes out, or can you get a full update at a lower cost? Sorry for the list of questions, but I know all of us looking at purchasing for the first time want to make as informed a decision as possible so thanks for the info from all of us potential buyers!