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I know we're all jaded over people calling themselves "former blizzard employees" since that deceptively hyped failure hellgate london. Red 5 Studio's people are branding themselves the same way but I've enjoyed following the company. They seem to have the right philosophy: they aren't trying to compete directly with wow by doing another first-gen fantasy mmo. They seem to be paying attention to other releases but realize they need to introduce a new paradigm in gameplay to mmo gamers, etc. It's been about a year since they said in an interview that they may announce something in the coming months. I think the timing would be perfect for them to announce soon as players are already growing tired of the latest mmo hopeful in a string of ambitious but dissapointing attempts over the last few years. I just thought I'd post on the company since I know some, like me, have been waiting for the next hit in the post-wow world. They have a fresh, creative and youthful presence and use the right words at least. We'll see.
gamasutra interview: http://www.gamasutra.com/php-bin/news_index.php?story=21575