Just tested, it runs (without the need to compile uptodate exe), just needs in the server in Config/Server panel these changes:
-General tab to browse and select client.exe in Version Path
-Permissions tab to 'Allow start game' and change Max Resolution Allowed to 1366
Also in Autopatch panel at top right Settings to uncheck Full Screen (potential problem for some if full screen selected), select res 1366 and can input login details (still needs to make acct with them when lauching).
That's about it, only irregular thing is that each and every start the Autopatch downloads some 25MB (Data\CArmour\11.Lib)
Also the server is not configured in various ways, in particular the exp per level is flat 100 exp points each.