I've just been messing with this sort of thing myself.
I found that running world.exe on any pc that is running the client is a bad idea. You will get high pings and monsters will lag.
I am running minilogin and world on an old pentium 200 with good solo play results. Running the 5 zones on the client computer seems fine.
The only thing you have to worry about is getting mysql to let other compters access the database. 1045 error fix in a_Guest03 sig fixes this. I found for windows you can use computer names instead of ip numbers when granting privileges.
eg.
GRANT ALL PRIVILEGES ON *.* TO 'bla'@computername IDENTIFIED BY 'bla'
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