Playing on Red and Blue at the same time = boxing?

[nasshi]

It states that a person is allowed one character per blue server, one character per red server, and one per other EQEmulator server.

Does that mean I can have a separate account for red and a separate account for blue? Can they be logged in simultaneously? If so, would I need an IP exemption to prevent myself from getting the temporary ban when logging in from the same IP?

I only care to tunnelquest on one while doing the camp grind on the other if I'll be playing for long periods of time.

Edit: This may belong in general server chat. Not sure.