Usually the new time out errors are caused by the eqhost.txt file being incorrect. Make sure ther are no spaces. Or just download
this.
A tutorial has already been written, if you didn't follow it, you should try restarting and following this one.
http://www.eqemulator.net/forums/viewtopic.php?t=18935
If any more errors occur, don't feel shy to give me an instant message, I can do some support.