Ok, after endless work on this, I got it to work on the test machine.
Now using a backwards compatible DLL, it should all work again as it should have in the first place.
Please DL the newest binaries -
http://georgestools.eqemulator.net/eqitems.zip
Hope this is it after this long crazy ordeal.
--remember to run register_ocx.bat because I am using a new dll
GeorgeS