I actually have a piece of paper cut out that sticks to my screen and covers just the graphic curve of the EQ display. I really don't want to see that. The numbers on the frequencies are useful because I can identify a frequency by ear. If I know I'm hearing 1200 Hz and I want to cut there, it is nice to have 1200 Hz labeled on the EQ.
Different strokes for different folks I guess, but I don't want to see anything more than basic labels on the controls. Even gain reduction meters and the like get covered up. My eyes are lying bastards, and my brain always takes their side.
Just always keep cautious. If you double check your ears with an analyzer and it doesn't agree, it could very well be the analyzer and your eyes that are wrong...but every instinct most people have will fight that and go with the visuals.