My brother wrote a tool to do this. It works great for our custom server because we like to cripple things like Death Touch, since it is usually just the two of us playing.
Here's the post...
http://www.eqemulator.net/forums/showthread.php?t=27462
The tool is free. Enjoy
As far as saving and resourcing custom content, my SQL skills are not up to explaining that. We have custom merchants that we have scripts to recreate. Hopefully someone has better instructions for that.