Some more information on the Cello Palette (introduced around 1985). Dick BurwEn did do the conceptual design for ML (I have a copy of the original blueprint schematic - which uses op-amps). ML's great designer, Tom Coelangelo then took that design and created the Palette using all discrete parts (crafted from a number of op-amp and voltage follower modules). The frequency controls were the same 51 (or so) stepped attenuators used for volume controls in the Audio Suite, another landmark ML product.
The frequencies and boost/cut amounts were 20hz, +-22dB; 120hz, +-12dB; 500hz, +-6db; 2Khz, +-6dB; 5Khz, +-12dB and 20khz, +-22dB. The Palette was available in two models - one had switching for multiple inputs. Both had an in-out switch, left/right input level controls and a ganged output control. Cello boasted that the unit contained some 3000+ parts and must have been a BEAR to assemble.
In the late 80's, Cello decided to come out with a less expensive unit (I'd say it was 85% of the functionality at half the price) - and this product was called the Palette Preamplifier. It looked very similar to the original Palette but used IC's - basically a whole lot of 627's. It's design is very similar to the octave equalizer on pages 2-53 to 2-56 of the National Semiconductor Audio Handbook EXCEPT that Burwen did not put all of the equalizer sections in parallel but put a few in series and those in parallel with the others. And for best results, the paralleled equalizer sections have to be driven from as low impedance as possible, so Tom used a 627 followed by an IC buffer to do that job.
In the early 90's, Cello entered into an ill-fated venture with Teledyne?/AR and advertised at least the equalizer, an amplifier and perhaps a speaker or two under what name?? Didn't realize that the venture actually released a few units.
3 or so years back, a friend found the remains of Cello (gathering dust after the 2000 bankruptcy auction) in a Connecticut warehouse. I got a number of parts, PC boards and the like and was able to put together a Palette Preamplifier. But I did it differently; Built the equalizer into a case separate from the preamplifier and separated the two by a 30ft umbilical. This allows me to make any necessary equalizing adjustments right from my listening position - a feature that most equalizer designers have totally missed.
The finished unit is a joy to use. Burwen realized that the midband controls don't have to have a lot of boost cut (I don't use more than 2 to 3 dB) while the extremes can use more - 22dB is probably too much - 12 to 15 is fine.
I mostly use it in a "subtractive" mode - reducing the 2-5kHz "glare" on many female CD vocals has made the difference between stopping midway through the first cut versus listening to the whole album. In the "additive mode" adding some 120Hz midbass and maybe some 20hz can really improve some other albums. As an aside, I'm amazed that on many recordings, I can "rock" the 20hz control to either stop with no effect - nothing on the material below 50 hz or so.
I believe that the key to the Palette's success was that it was as close to "transparent" as any (program) equalizer ever made.
Charles