I have to admit that I never got a chance to read the first WoW comic, but this does look a lot like the preview we saw a little while ago-- our amnesiac hero (whose name is now "Croc-bait"?) is fighting for his life in the Crimson Ring's arenas, with Orc Shaman (cheer! for the Horde!) Reghar Earthfury by his side. And by the way, giving those blades to a Human is not cool, Reggie baby. There is also a fun little cameo on the last page, but I'll leave it up to you all to speculate who that might be-- I have my own thoughts, but just to stay spoiler-free, I'll keep them to myself.
Still it is cool to see this thing come together, steeped in Warcraft lore as it is. The Blood Elf/Night Elf friction is a nice touch, too-- I'll definitely be shipping those two as the comic rolls on.