Hmm, your eqhost.txt file is ok.
LoadEMuShareMemDLL::Load() failed error=120
Error: Could not load item data
The first one I'm sorry to say I can't help you with. I pretty sure it has something to do with a file for sharing memory, hence the name. As far as the settings go for that on your comp maybe someone can shed some light on the subject.
Error: Could not load item data
If you have items in your database then maybe the first error is affecting it. If you don't have items in your database already then that's why you can't load them when you boot the world server.
I know it's not much help, you're probably cussing me atm
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