[1Boppoom1]

your loginserver.ini doesnt have the worldname located in it......
it should look somehting like this:
loginserver.ini

### --- This file tells world.exe what loginserver to connect to.
### --- Leave the account and password field BLANK.

### --- Public Login is un-supported as is LAN playing. We reccomend using the EQEmu.net Loginserver ALWAYS.

### --- NOTE: Starting 6-1-2002, you can no longer use the word "Server" in worldname.
### --- NOTE2: the word "Server" is added to each server automaticly.

# READ README.TXT

[LoginServer]
loginserver=newlogin1.eqemulator.net
loginport=5998
worldname=<Server Name Here> ### Must be longer than 10 characters
worldaddress=<Server IP>
locked=false                           ###False to allow connections true to disable except for admins
account=                              ###Leave blank
password=                            ###Leave blank

[ChatChannelServer]
worldshortname=                   ###Leave blank
chataddress=                       ###Leave blank
chatport=                           ###Leave blank


[WorldServer]
Defaultstatus=0
Unavailzone=

that should fix your problem

and the username password thing DONT PUT ANYTHING UNDER ACCOUNT= AND PASSWORD= You dont have a preferred server so it cannot be used.....