I've used Teamspeak with SWG and it works well, you just start it up before EQ, and connect to the server where your desired chatmates hang out... Not sure about how to make your own server, cause I haven't done it, or tried...
All in all, I'm more comfortable typing, and since I play several female characters, awkward questions/accusations come up less...
"I'm sorry you fell in love with my Wood Elf girl, but that might have more to do with your problems than mine..."
etc...