I think one factor with emulator servers is players know everything about EverQuest however there isn't a server that gives a new world like EQ was in 1999 so if it was the same game engine just new zone designs,mobs,quests,or things unknown players would slow down because they would have to start from scratch and couldn't just box or burn through content to the endgame in no time because nothing would be known.
There is the new age of gamers who enjoy more catered games but I think enough people enjoy EQ,etc still...
Another factor is you get what you pay for and if its FREE and you put in insane amounts of your time or some money as a Developer and dont receive anything in return it can be a hassle and a full time job without much appreciation to keep a server going.
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