I’ve had this error for the last three hours. Same symptomatic start (high latency, disconnected); same error code.
Characters active when disconnected are shown as in Lion’s Arch regardless of where they were previously.
After the client update still receiving error code 42:5:7:933:101.
Attempting to guest to other servers doesn’t change the behavior and no characters successfully enter world. This code is not listed in the wiki or in the support database.
Being incapable of entering a bug without having loaded a character into the world is a rather poor coding decision.