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With all the attention Day Z has been getting it was only a matter of time. But indeed it is being made into its own buy to play mmorpg. The title is " The War Z " . Personally Im very excited and can't wait. I'll be picking this up for sure.
You can read a little about it, here: https://www.gameinformer.com/b/news/archive/2012/07/20/the-war-z-announced.aspx