Question about classes in VB6

[DEXWERX]

Sorry, but I don't understand the concept of aliasing. Is this aliasing?

Yes

And if so, how would it be done differently?

    ReDim mServer(MaxClients)
    For lNum = 0 To MaxClients
        Set mServer(lNum).Callback(lNum) = New Class1 ' New Instance with separate local variables.
        mServer(lNum).IPvFlg = 4
    Next