I also think that REW/miniDSP is a great solution. Here is a good article on it for those interested:
Subwoofer equalization and integration with the miniDSP 2×4.
The hardware portion of the miniDSP is only of benefit since we can't EQ with MC. If MC could perform the same functions as the miniDSP software, then we could use our soundcard's outputs (for those that use analog outputs) and wouldn't need the miniDSP hardware.
Here are a couple of solutions for MC to work on:
1. MC needs to allow REW to be used a source. This has been requested here before. One could then use their own microphone with REW and take measurements of the changes made within DSP Studio (EQ, Room Correction, etc.). You currently can't easily measure any changes made within DSP Studio.
2. MC could work with the miniDSP developers to integrate their software into the DSP Studio. MiniDSP has already stated in their forum that they won't be making their software into a VST plugin. However, maybe MC could get a license for the software and make it integrate into MC. The software only costs $10 as it is so it shouldn't add a lot to the cost of MC. The REW filters could be exported into the miniDSP software within DSP Studio.
2. MC could develop their own parametric EQ with similar capabilities to the miniDSP software. They could work with John Mulcahy (the developer of REW) to import its filters into their EQ. Since John provides REW for free, maybe MC should purchase REW as their measurement software and sell it as a separate program and integrate it into MC. There is a large user base of REW and this move would introduce them to MC.