Hi, welcome to EQEmu
Yes, you can purchase that first one you linked. SoF includes all previous expansions, so it is the exact same as the other one you linked. That is a good price for it too (4.99 buy it now), but the 12$ shipping makes the deal not quite as good :P
Once you install that, you can just follow this guide:
http://www.eqemulator.net/wiki/wikka...akka=PlayGuide
Then you will be able to play on any of the many servers without having to setup your own or anything. Though, you can always set your own up at any time as well if you want to.
Most of the popular servers perform very well and yes, there is even a European Server named "The Hidden Forest".