I'm guessing Carol is supposed to me me...

>Can this still work to my advantage?

Yes. Your performanace volume doesn't matter. Your benefits will be a lot less than a group with 10 mics on stage, though. Pinking is primarily a problem prophylatic (see above post) and secondarily a way to make things sound better.

Diagram for where everything plugs in here. (Cool web page on sound concepts, BTW. Ah, the power of Google.)

Important note: DO NOT ALSO SEND THE MIC THROUGH THE SPEAKERS!!! The mic plugs into the spectrum analyzer!

>Then the analyzer detects the proper balance or do I set the balance near flat or as it sounds good to me???

The analyzer shows you what is actually being heard in the room, if you had perfect ears. (And if it's a good mic for the job. Most Spectrum analyzers come with anappropriate mic.) Use the analyzer to adjust the EQ to make the response flat. In theory, you will then be reproducing output equal to the input.

But it doesn't have to stay there, because flat response does not necessarily equal the best sound for you. When you put music through it, if you don't like the way it sounds, change it. Knowing what to change is harder, because you don't know which frequencies are which. Experimentation is the only way to learn, although I could discuss techniques to experiment until I'm blue in the face.

If you change a lot, occassionally turn the pink noise on again and be sure no frequency has bumped up too high, or it may create feedback problems later.