[quote name='Doctor J' timestamp='1453634876' post='2961176']
On the 2-band the bass is boost only, the treble is cut and boost.
[/quote]
This is correct. Link below explains it all.
http://www.diyaudio.com/forums/instruments-amps/226943-understanding-music-man-stingray-2-band-preamp.html
Note I have a 2eq and a 3eq. With a 2eq, I find it better to go easy on bass boost as it quickly becomes overpowering.