If have setup the DAoC emu, you will have no trouble at all with this one. You will also find that the EQEmu is MUCH more complete and less buggy than the DAoC one.
If you follow the server setup wiki, it will show you how to setup a premade database from 1 of 2 separate sources. Personally, I prefer the PEQ one as it is what I consider more complete.
Here is the wiki page:
http://www.eqemulator.net/wiki/wikka...ka=ws992mysql5
Also, I highly recommend GeorgeS' tools to get a quick start on content development. You can find them at his page here:
http://66.159.225.58/eqemu/eq.html
Make sure you also download the ODBC drivers on that page and install them to get the tools running. You will also need to run the register_ocx.bat file in the resource directory of his tools.
Other than that, you will want Navicat Lite to make database edits quicker and easier unless you are very comfortable with editing mysql from command line or another gui tool for it.