A little off-topic:
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The problem is, there are never enough players for eqemulator. It may have over 30,000 users, but out of that probably 100-150 are active and 1/4 of them actually know some common sense.
If you are going to have a server that holds 300 people, you're going to need to pull some nifty tricks with a magic hat, because quite honestly I don't think any emulated server will over maybe say... something like 200.
The devs have run many a 'bitch' tests to see how much a server could hold and keep it stable, but they never can get the users to get on all at the same time. I was surprised at how guildwars had over 100 players once, cause I had never seen over 20 people on that server.
So it would be a nice achievement if you could get over that.

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As to image: Isn't that all what the EQ updates mainly were? A lot of changes to optimize their bandwidth better?