[Rwp] Dyn E Q

[Snowman]

This may come back to my original question about the way Reaper signals are routed.  But, I was feeling free with my cash this holiday, so I bought this dynEQ, just to see what I could do with it.
So far, I can't do anything.  I added the effect to a track, but it doesn't appedar to have any effect, no matter what preset I choose.  It is as thought it is bypassed, but the shift+p list shows all bypasses set to Normal.
If I go into I/O routing for teh track, and turn off the send to pareent checkbox, audio is lost completely.  So, I don't have any hardware out assigned to that track.  I seem to be only hearing through the master.
But, DynEQ seems to be  one of those perrect, unity gain amplifiers we used to sell back in the 70's.  It was a box, with two audio connectors, one input, and the other out.  And, inside,  a wire connecting the two together.
zero percent distortion, unity gain, perfect phase linearity.
Anyway, does anybody have this DynEQ?  Do you have any idea how to get it to actually do something?
Thanks much.
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