Thanks Dogma, it took a lot of time and prototyping to get it to where it's at.
I'd say this is about as easy as it gets for DIY. It's mainly a lot of caps to solder and you have to solder the pots/switches in order. Niels did a really good job with the hardware on this latest version and it goes together very nicely. It comes with everything you need except for an opamp, but you can use any 2520/1731/990. The IC adapter that classicapi sells should also work, and will be easier to build, of course.
For someone with experience it shouldn't take more than an afternoon to build the EQ (a friend and I built 6 in an afternoon!). As a first time project, I'd say take your time, ask questions, and build it slowly over a couple of days, so you can double check your work because troubleshooting anything usually takes longer (and is more frustrating!) than building it. ;D
We also have a help thread in the EQ/filter subforum so we and others who have built them can help.
http://groupdiy.com/index.php?topic=48328.0
cheers!