VideoGamer, Game Director Craig Morrison believes a sequel would be "problematic." He notes that AO has been running for eight years and is still making money. We can't blame Funcom for not wanting to mess with a game that's making money.
Morrison explains that Age of Conan and The Secret World are currently the company's two main projects. For now, it looks like Anarchy won't be getting a sequel for ... well, considering MMO development cycles, a good long while.