I have listened to some automatic room corrected setups in demo rooms that were claimed to have very flat response that didn't have much magic or life to the music being played and I wasn't at all impressed especially given the speakers being used.
I do think that room correction can be useful, especially in the low bass frequencies where room interactions contribute to the sound as much as the speaker itself - so I am glad that some sub manufacturers are adding room EQ options to their subs (like Paradigm's PBK Perfect Bass Kit). There also some stand alone bass only room correction options for subs that don't come with this capability (like the Velodyne SMS-1). This bass only room correction allows you to use your "direct mode" (or separates without room correction) and still have the advantage of correction for low bass frequencies.
2-Ch (HT L/R): Oppo BDP-105 BD, Adcom GFP-750 pre, Bryston 10B Sub Xover, Bryston 4BSST2 / Paradigm Signature S4 v.2 (L/R), (2) SVS SB12-NSD (Subs)
Home Theater: Bryston 4BSST2 amp / Paradigm CC-590 (C), Outlaw 7700 amp / (4) Def Tech UIW-RSSII (LS/RS/LB/RB), Samsung 46” 3D LCD