Well, from personal experience, I can tell you that if you just install Everquest and Kunark, then patching to EQLive right now isn't really a big deal. I just patched yesterday and my eqemu works JUST fine. If it's not possible for you to only install eq and kunar, then you might as well install it all...but you'll have to wait for EqEmu to get caught up with EQLive.
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