I just thoguht of soemthing!!!
do you have an eqemu\maps directory with the maps in it, could be a line of site issue.
the maps are a huge download but you need them for eqemu to know if you have line of site.
get them here:
http://prdownloads.sourceforge.net/e...ar.gz?download
also just replace all the exe's and emushare.dll with the ones from cavedudes installer, I am using those exe's and I am having no problems atm.