Jesus I have a friend who has been into it since it first came out, and hes got 3 lvl 50 chars on Rathe. All he does all day and night is play EQ. Hes 18, no job, no college, just EQ. Hes a psychopathic, eq addicted hermit. At least hes getting rich off selling items. I was into EQ for a while, the highest I ever got was lvl 25. Got kinda bored of it.
I recommend deleted it and installing Counterstrike.... theres some crack for ya!
edit: Skoob.... I was in UO since beta and that is still my favorite game of all time. Before they butchered it like you said. I use to love running around outside town near Covetous pking everyone I could. The joy of filling my bag up with armor and weapons until I was overweight, then recalling to my smithy was too overwhelming for words.