Well, I ran a search and had a rather small look but I noticed nobody had posted about Darkfall Online.
For those who know nothing about it, Darkfall is an upcoming PC MMORPG. Not a generic anime MMORPG however. Darkfall offers gameplay and content very little games have even begun to explore. All fighting is done manually. No spam clicking icons. You aim your swords, spells and bows manually, as well as any of the other hundreds of exotic weapons. You can fight on land or in boats, from horseback or from a castle. Everyone has collision size. And unlike, as the community calls it, carebear games like WoW, you can't survive getting stabbed in the throat fourty or so times before you die.
Nowhere is safe. The whole world is PVP. Clans and factions battle for supremacy, they play to control hundreds of towns, villages, islands and just about any other land formation. The only place that a faction cannot claim ownership of are the Capitals, where the new players start. That doesn't mean they can't be raided, it's just not advised.
Perhaps the most impressive feature is the size the battles can reach. It is expected that battles will reach more than 100 players total. The creators have confirmed that this does not mean it will suck the life out of your graphics card, it is believed that lower end computers will still be able to run it. The graphics are realistic and pretty amazing, but personally with the gameplay it's offering I couldn't care if it was made in 8 bit.
NPC's and monsters don't have a set spawn point. They roam the world. If attacked by players frequently they will leave the area and travel elsewhere, but if left alone they will set up their own little towns and villages.
Whether you be a solo craftsman, sword for hire, ranger, escort or trader, or if you desire to be in a faction, Darkfall has a place for you. The Dev's motto is that the players shape the world, and it seems like they have successfully achieved this.
Game is currently in beta stage, open beta has been announced, check the game out at www.darkfallonline.com
Be warned, the forum contains mature content. By mature content I mean abrupt and rude language, and the veterans will cook you alive if you post in the wrong place. Pay attention to the admins warnings if you decide to check those out, but the home site contains more than enough information on the game.