From the forums:
"EverQuest will have their weekend next, from 12:00pm (noon) Pacific on Friday, November 2nd through 11:59 pm noon on Sunday, November 4th. This excludes Freelance raiding times on the Cazic-Thule server, where group experience will be reduced by 50% from 5pm to 10pm Pacific on Friday and Saturday nights. Raid experience instead will be tripled, especially in the zone 'Pillars of Alra'"
I swear that's as true as Furro bringing pies for everyone to share. Well, at least part of it anyway.