Confirmed up and running pretty well actually. Granted loading times are a 10-15 seconds? Other than that minor tweaks to the graphic options and it runs really smooth. I doubt it can handle newer textures or anything past velious for that matter. I'm happy.
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BTW I do have a modern computer (3770k, 660ti, 8gb, windows 7 x64) I'd rather play it on this old computer that was of the time. Its actually the exact same PC I used back in the day to play eq!
Some reason the game looks better with my voodoo 3 rather than using my newer PC with the GTX 660ti... less buggy and doesn't get random crashes like my windows 7 rig.