newb question 1.0

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First off my initial experience with wineq has been great combined with playnice is a real asset. When I try to run 2 sessions of eq the second account in is real laggy and on raids almost impossible to move. I admit im not evern remotely versed as some of the people in these posts but here is my sys config more or less.

8 month ols sony vio

3 gig p4
1000 ram
nvida vid card do not know the mem bit off hand

I have read on the eq windows how they recomend creating two different files or registries of eq so that both instances are not running off the same one. Should I be doing this with wineq as well?

Any suggestions welcome and thanks in advance.