I use Win 7 64 bit and I used the older guide. It works fine for me:
http://www.eqemulator.net/wiki/wikka.php?wakka=Windows
I use Perl 5.8.9 (I got the perl58.dll error with any other version, so don't use the newer ones) and I use MySQL 5.0.82. I use the x32 version of each, not the x64.
It did take me quite some time to get everything working. Now I just have to figure out an account issue and I'll be good to go.