Sadly nobody is going to develop a "new Everquest", because there doesn't seem to be a large interest for non-instanced MMO's.
Without that critical component, a redesign is basically going to feel like any modern MMO, but with Everquest assets. The non-instanced nature of Everquest drives a lot of the game design decisions that P99 players would appreciate.
And P99 itself cannot do too much in terms of custom content. It is limited by the client, which the P99 developers didn't create. Most attempts at custom content would probably feel meh at best, because they would need to squeeze things into the game under constraint, rather than actually develop new things.
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