I just did some experiments with pink noise and the analyzer to "see" what's going on. It looks to me like the Q value really only affects the "shape" of the transition region from flat to your boosted value. It's effect is sort of subtle, but it's there (I think).
The way this seems to work is, you input a frequency and a gain. MC responds by boosting from zero to the gain value you want over a transition region. The frequency you specify seems to be right in the middle of the gain target and zero. So let's say you tell it 1000 Hz and 12 dB. At 400 to 500 Hz, you will see the response is mostly flat and *just* starting to be boosted. At 1000 Hz, it looks to be up about 6 dB. By 2000 Hz it's up about 9 to 10 dB. By 3000 Hz (or so) it's at the full 12 dB boost.
This tells me that MC spreads the gain over 2 to 2.5 (maybe 3?) octaves. The frequency you specify will be in the middle of this boost range. So you'll get HALF of the boost you ask for, at the frequency you ask for. That is, if I'm reading the analyzer correctly. It's not marked, but I'm reasonably sure it is showing 3 dB per division.
The Q value seems to affect the transition, but it only seems to spread the boost out a little, or bring it back a little. It's a small effect and hard for me to see with pink noise since pink noise is always "in motion".
Conclusion: If you want 10 dB of boost from 151 Hz and up, use the values:
Frequency: 65 to 70 (experiment with it)
Gain: 10 dB
Q: 1.0
Your transition region will start at about 30 to 35 Hz and will be a full 10 dB up by around the 151 mark and stay 10 dB up all the way out to the end of the spectrum. With a value this low, you might actually be better served by a high pass filter. But I'm not sure what your application is so...
I hope this helps some.
Brian.