On the topic of online downloaded.... It will not work. You need the disks for it to work. Clients started by Station Launcher, or the old 14 Day Free Trial will not work. It will bring up a window that tells you that you need to own the disks.
On the topic of moving to SWGEmu, I am not sure how well it will work out. As it is still barely even in a beta state, the servers are dumped regularly.
And, let us not forget that gameplay of the Emu is unlike that of any other. People expecting to jump into the SWG they know now will be sadly dissapointed. This Emulator was created to emulate before NGE and CU. New Game Enhancement, and Combat Upgrade. Things in the emulator are like they were back when the game first launched. For people who have never played SWG or don't know the story: some time after Launch, SOE decided to release these updates that changed nearly the entire game, instead of simply pushing it out as its own game.
As there are a few issues in Server Placement, don't be surprised if you are unable to create a character on specific servers. Last I checked, there were three of them.
I hope my little addon will help anyone willing to hop over to understand why things are different.