As mentioned above, switches in any network larger than 2 machines are VASTLY supirior to hubs... that's a fact.
Here's the thing: If you're running SEQ, then you clearly have a Unix machine of some sort, most likely it's a Red Hat Linux box. That being said, you could *easily* defeat any limitations placed on you by the non-broadcast properties of a switch (which are good, I promise!) by simply using your Unix machine as a gateway/router/nat server for your windows (EQ) client.
On my network, small as it is, I have my Server (FreeBSD if you're curious) connecting to the internet via DSL using a (pos) Alcatel SpeedTouch modem. From there, it does NAT and serves internet (and files, etc) to the rest of my home network of 4 Windows boxes and 1 Sun. SEQ runs on the server itself and has no problems whatsoever sniffing packets on it's own network interfaces and also voids the need to transmit either X trafic or other unnecessary broadcast trafic across my local network..
It's very easy to set up. If you can get EQ working, you can get this working, I promise.