Wizardry Online is the latest in the long-running Wizardry series and features many mechanics not typically seen in modern MMOs, such as the aforementioned permadeath and friendly fire. Massively previewed the title at SOE Live and more recently got to take it for a more extensive test drive.
SOE will be talking about Wizardry Online's release date and other launch details in its webcast at 7:00 p.m. EST this evening. You can catch the webcast on Twitch.tv.
[Source: SOE press release]