Some of my friends have started up a classic server similar to ProjectEQ/EQClassic.
You can find all the information on it at the website,
http://mrzioto.com/
They are still deciding on the ruleset and how some things are going to work, if you have any ideas or input, feel free to post on their forum. As of right now it is using a classic client based off of Trilogy (original, kunark, and velious) and the plans are to release with only level 50+original and scale up to kunark and velious as they finish the database for those expansions.
The server will feature some unique additions such as a pvp incentive points system with detailed listing on player, class, and guild stats.
Player Listing:
http://mrzioto.com/listing.php
Player Profile:
http://mrzioto.com/profiles.php?cat=players&id=22
Some screenshots:
