Ok, so something I felt EQEMU private servers have been lacking is a respectable patcher. I play a lot of various private servers, and enjoyed Neoncube's Ragnarok Online patcher.
Neoncube can be visited
via this link.
I took their source and modded it to support an everquest like setup.
Here is a link to my EQ modded version. This is early alpha mind you and I expect more changes.
http://gigaplox.com/EQPatcher0.zip
I'll hook up whomever wants my edited source if they would like to make it more respectable! Neoncube is GNU released anyways.
One of my favorite parts about neoncube is how easy it is to edit their patcher's look, and how slick it is with mouse over buttons and such:

This is the default UI.. Here's one of my old RO server did up
Note the bottom section is actual HTML and can be used to show what the updates do, and such. You'll see if you try it out.