To my knowledge, P99 has always been intended to be a "classic" server, defined as everything in Vanilla, Kunark and Velious up until the very last pre-Luclin patch. Luclin will never happen on P99, so you can rest easy on that front!
I'm not super knowledgeable on the details of expansion timing, though obviously things take longer to implement here than they did on Live (the staff is 100% volunteer, so this makes sense.) I believe the ultimate goal is to get everything set up such that a new server can be launched that can progress from launch through the first two expansions with the same patch timeline as happened back in 1999-2001. This is known colloquially as the "green" server. There is no ETA on this.
Hope that helps!
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