http://www.lucid-vision.org/phpBB2/index.php
Link to their forums. Standing with two years of RZ behind me and two more years of SZ on top of that, and a summer on the original GuildWars (and GM-ing there), they are doing PvP right.
Did they get their stuff from EQEmu? Duh yeah. Ever heard of HackersQuest? Probably not, because y'all are newbs and only just now jumped on the whole emulation thing, this isn't brand new its just finally in the last year or so gotted refined.
Judging from the only reference I have found to EQEmu made by a GM of LZ, basically their position is that EQEmu gave them the middle finger, but they are cool with EQEmu. So really I don't know what gives.
They have got a few guys who seem to know what they are doing, and a server capable of being a server (holding a hundred people in the zone, not just on the whole server - and this is happening).
Nothing they are doing is meant to tear down EQEmu, so I'm not sure why folks over here are getting so peeved about it: don't try to tear them down. If you don't like it pass on, but man read up on their stuff, what is there to complain about?