The low res textures have helped a little bit, but problems are still there. I still see animations going too slowly, my characters move slowly and sometimes freeze while they wait to be hit by opponents. I see people sinking into the ground and bouncing back up. Ping is reported as fine, normally 40-60 range. I don't have a low spec machine at all (Quad core 2.2 processor, 1 gig VRAM, 4 gig RAM, Windows 7 64 bit) I've done all the tweaks with v sync, load textures etc. I don't have any problems playing on Native servers.
I'm afraid I have to report that EU10 is just as bad as EU1 in this respect once it gets a reasonable number of players using it.
EDIT: Forget all that. I am actually getting problems happening on Native. Seems to be something to do with my connection, as my ping keeps getting reported as being impossibly low...