Have another first impressions review for you.
This is the new Free to Play MMORPG from Perfect World. It's available now on Steamworks (Steam) as open beta.
Deagle and I put about 4 or 5 hours into it today and despite the general sour taste I have developed for free to play games I think that this one gets the thumbs up from me.
About the game:
It's a MMORPG - Meaning Massive Multiplayer Online with (Action) RPG elements. Rusty Hearts in particular seems heavily anime influenced. You can go online and create a character on a server and then anybody else on that server will be online with you in a centralized town area.
From here you can chat and socialize and most importantly get your quests and form parties so that you can go into the dungeons.