I did a global search on "re-equalization" in the Axiom message boards and found the following:

"From what I understand, this re-equalization can at times destroy the great "axiom" sound, thereby nullifying all that work that Ian and Allen and others have put into this."

"750 - YPAO - does not include re-equalization on the mains and surrounds. Essentially, you can futz with the bass, mid and treble manually, but the YPAO won't re-EQ your speakers, except for the center. Some say that this is a good thing (like Alan - a moderator on these boards), because the equalization can make the speakers sound much different, and basically undo all that the manufacturer did to make the speaker sound the way that it does."

"The THX mode may well further decrease the clarity of dialogs, since the THX X-Curve re-equalization significantly rolls off treble frequencies. I would try the straight Dolby Digital mode."