You phisher! L2 makes people evil and greedy for sure.
In contrary, it has to be static IP or smtg like noip. Or, if l2.ini accepts domainnames, no problems at all. Not sure about that. There's no trying to enter in server db, instead, nabs are tyring to login to your fake server.
And, this shouldn't work if the server is asking people to connect by modding the hosts file. hosts will override all redirects at the end and you won't get your phish. :P