King Korg said
"It is exactly the same as using eq in post"
(sorry the qoute feature was messing up)
Or is it?
Consider that the negative feedback signal is a selected range of the audio signal that's captured by the capsule, phase reversed and being fed directly into the very same transducer that captured it. The most obvious effect was stated in the U67 marketing. Stating that the there was no need for a pop filter as pops were intercepted before the amplifier.
In other words, the low frequencies that caused the pop are eliminated by the reversed signal pushing the diaphragm in the opposite direction to avoid the diaphragm collapsing. Imagine what it's doing at high frequencies...
This is not just eq its also affecting the behaviour of the capsule.