All EQs are not designed to fulfill the same function. Some are designed to have "character," some emulate classic designs that had their own charms (like the Pultec EQs), some are designed for transparency, others are best for "surgical" precision where you need to make extremely detailed frequency response edits.
The LP types are phase linear, which means they are designed for transparency. As a result, they are very good for mastering because by that point, you probably did any coloration in the mix, and simply want to alter response in some way. I've done tests where I set the LP EQ and Sonitus EQ to the same settings, and you can hear that the LP is a bit more transparent at the higher frequencies, so it is an audible difference.
I prefer the ProChannel EQ for individual tracks because of the various options - I can pretty much find whatever I want. I use the Sonitus for "utility" applications, like dropping midrange going into an amp sim, because they're very flexible (lots of bands!) and have a low CPU hit. The LPs get put in the master bus, if needed.