It seems this error is more common than some want to admit:
http://forums.eqemu.net/viewtopic.php?t=6649
The only difference with my post and this one, outside of a bit more information about the setup, is the original poster CAN log into other servers and his own using the eqemu login servers (I get the error no matter what login server I use).
Funny how I've sorted through literally hundreds of posts and nobody has or will explain what can all generate a hellish
Client Disconnected (eqnc->GetState()=102) error. No ideas or this some mysterious bug that will forever remain embedded into the code?
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