Guess your are correct rmm99, i didnt notice that my reply times when I ping my external IP is <1ms
As I just switched to my LAN setup and worked first try (as it should) then most probably its my connection. I didnt realize that EQEmu needs so much bandwith considering EQLive with 60 people raiding in same zone and with 30kbs connection produced no lag when I played it.
Hope the guys that work in EQemu development do something for us poor dial up users.
Thanks again!