I put all the steps for setting up a completely working EQEMU server under a Virtual Machine up... From downloading and installing the VirtualBox software, to downloading and installing the OS (Ubuntu 11.10) ...
And a complete script for taking the machine from virgin install to downloading the source, db's, maps, etc... compiling/makes, fixing/modding the INI files and so on.
All you do is the easy stuff (and x-fer the spells file) at the end.
Take a look, if I am permitted to include a link -- I will make mods for other OSs (centos, others by request) and VM types (VMware) in the next week or two.
Any questions, you can post here, OR private message me here.. tomorrow I will have email enabled there.