I also got this error and, sure enough, it was from overclocking my system.
I overclocked my FSB from 333Mhz (x10) to 533Mhz (x8), and I started getting the error 1017. I set it back to stock 333x10 and EQ worked fine. Bumped it up to 400Mhz FSB x10 multiplier and it works fine.
Seems that overclocking FSB or RAM too much will cause this error.
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