PEQ (The Grand Creation) is the closest you'll get to just-like Live currently. It's got a steady but not very high population (it feels kind of like the Test Server did on live, as far as population size).
Project1999 is a very well-done recreation of Classic EQ, and is soon to open Kunark, but you wouldn't be able to play more than one account. They don't allow multi-boxing and you'd have to request an IP exemption to even have both of you play together from the same location which can take several weeks to be approved.
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