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So is there any idea when this is going to be released?
I would really like to know???
There was a post on CO 2.0 forums about this. The Mod said he wasn't aware of a release date but wouldn't be any time this year (not surprising really). He also said that Conquer Online 3 was just a placeholder name and would be named something completely different because Conquer Online 3.0 would be used as an expansion name to 2.0 and this is an entirely separate release. If I can find the post again I will link it.
Edit: Also the website link on MMORPG isn't correct, the real website link can be found right here to fix any confusion.