I think your post is interesting but in the end completely jumps the shark. IMHO there are three big problems with classic 'feel' on Project 1999 currently.
1. Since the server is so old, mudflation reigns and twinking is insane. Fungi/Tstaff monks can own huge sections of dungeons solo. I saw an Awakened Rogue with a Horn of Hsagra, Fungi, Belt of the Great Turtle, Cloak of Flames, and a fucking AOW mask. Needless to say, he was a douche. Even newer players can get superb mid level weapons like the Frozen Shard for cheap.
2. Due to the stagnant content, everyone builds huge armies of alts. Every older player has a pocket cleric and wizard and 10 toons to camp at every raid target. This hugely reduces cooperation because I can ask a friend to log on my own cleric or portbot for 2 minutes and increases demand for epic items and such.
3. A significant group of players are still trying to "win" an emulated EQ server via poopsocking/rule lawyering/waking up at 4AM. The insane competition over the raid scene percolates down and creates this an antisocial attitude where people are busy fucking each other over.
I would also like to see a more classic 'feel' to the server, but I don't think anything near what you are proposing is necessary.
- All items receive a required level = level of the NPC they dropped from -10. This eliminates the vast majority of twinking.
- All buffs cannot be cast on any player < the buff level -10.
- Item recharging is much more expensive, ~10x
- Logging in to a toon binds your IP to that toon for 1 week, preventing you from logging in to other toons. Mules/Guildbots/pocket clerics/Naggy toons vanish.
- Elimination of variance + GM enforced rotation on all raid targets with a tier system to make it more interesting.
All that being said,
none of this will happen. The GMs here simply prefer the current environment. My changes could be done in a week; if they actually wanted to do something they would have done so long ago. The server is what it is, either accept it or play somewhere else.