Or get a few great EQ plugins and avoid all the hassle
Seriously
I have 8 hardware inserts on a nice new tt patchbay and have had the ability to insert hardware for the last 18 months. Guess how many times I have actually used them.........since testing to make sure they all work.....not once(and yes, I have some good compressors and EQ's in the rack and they get used for tracking on a daily basis)