Automatic Room Correction software. It tries to compensate for poor acoustics in an untreated room so that you can more closely hear the music accurately.
http://www.ikmultimedia.com/products/arc/ It listens to the room from the mixing position, and does a set up process sweeping across the frequency band to "fix" the room. Once it has done that, and saved it as the preset, you pop it into the master bus and it "corrects" what you hear as you mix to give you a more accurate rendition of the music.
Check it out. Several folks here have it, use it, and love it.....me included.
I too use an inexpensive sub.... Polk Audio 10". However, adjusting the crossover and levels is not a good idea. When you do that, you are changing what you hear...(ear candy) but the mix you are trying to make will now be biased depending on what you did. Say you added more bass by upping the volume..... you will now tend to mix less bass to compensate. You are making your mixing harder to do when you adjust the levels on the sub. It takes trial & error to get them right, but once you do, let them be.
Same deal on moving it. the lower freqs from the sub tend to set up peaks and nulls in the room more easily.... so set it in a spot and forget it. Moving it sets up totally new wave patterns in the room. (that's the easy explanation)