Sony's fantasy multiplayer online role playing game Wizardry Online has launched for US and EU players. It's billed as the most harcore MMO ever, and it's certainly no World of Warcraft.
'Perma-death' is a feature of the Wizardry Online - so you are at risk of losing your character forever if you die. Another interesting feature is the Bounty Hunt System. Players can kill and rob each other, but will then be deemed Criminals, and can have a bounty put on their head.
It's free to play, so there's no reason not to try it out. You choose to be human, elf, porkul, gnome or dwarf, and pick a class from fighter, mage, priest and thief. Then it's off into the dark, danger filled dungeons. The perma-death isn't quite as final as it might be, as your character's experience will be 'noted on the soul', meaning your next character won't be starting from scratch.