For anyone who is having issues, this was just posted on the EQLive site:

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Trouble patching the ykesha.txt file? There have been some people whose computers were hanging while patching the ykesha.txt. We have brand new dedicated patchers for the Ykesha files, and some people could not connect to them. This is being worked on right now. We hope to have it fixed soon. We're sorry for the inconvenience.

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So, just sit tight. They're getting it taken care of ASAP. -Kenti