I have a 40Hz problem in my small room as well. It sounds better with some corner and bass panel treatments. Except that none of these treatments goes that low. 40Hz traps from GIK are 2x2 foot, almost a foot thick, and I was told I would need 6-8 in my 9.5x14 room for control. Thats a lot of my volume.
I just don't turn my system up high unless I want to hear the thump. I have 2 tower speakers, and no subs in my room. Even a simple sub would take up a lot of space in my room.
I suspect it will take active/passive EQ to smooth my room out.