I've used that Yamaha a couple of times, the problem for me were two, both to do with clipping and distortion.
The first one is the pre can't manage high level sources, minimum gain is to high and won't manage a kick with any dynamic mic for the task, needs some at ten before, same for the snare and even some voices with high output mics. For you, that don't need preamps and can control in some way the line levels I guess won't be a problem.
The other is in the summing section, which also tends to run into clipping easily and bad distortion, but it could be managed using the master fader all the way up, or close at least, so tracks run lower levels and avoid this problem.
About the EQ I hess you know yamaha eq, nothing new on this one, bit too low Q for my taste and freq range little short, is ok for most cases, but sometimes you need a little bit more and with this consoles, with a simple single parametric eq you wish a little more sometimes. And compressors, well, don't expect much from them, but sometimes useful for problematic sources, and when it's the only thing you have.
I think it's a nice mixer for your what you need, if sends are enough for you, you don't need preamps at least in critical, loud things and you are fine with their eq. Also remember the summing thing that will help you there and don't expect much from comps. Those are the things to have in mind with this, other than that it works nice and better than others on the price range. I do like Soundcraft epm series also, with other considerations to have in mind.
JS