Well, I have to say that we should be thankful that the Helix has enough lows that they can be cut. Some modelers I've used can be so wimpy in that department and although some have global EQs, there isn't much low end information to boost or cut. I prefer a device that has enough of the entire spectrum so that I can cut where I need to cut.
I don't have my own Helix yet but I certainly hope its EQs are more capable and effective than the last Line 6 modeler I had.