I think that by server he means the underlying campaign generator service.
There's rumors that there will be new multiplayer modes where you'll be able to play an entire dynamic campaign on a server just like you can do it in single player, so if this is true then it's effectively the same campaign engine regardless of wether it's single or multi player.
As for what this dynamic campaign will include i doubt anyone knows with certainty, but there have been various snippets of information and hints towards a more developed dynamic campaign structure.
Long story short we don't know yet what exactly it will include, we just know it will be better than the one in IL2 and that it will probably work in multiplayer as well.
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