For those of you who know and like Ultima Online: Albion Online is like a better Ultima Online.
Albion Online is currently in Closed Beta and will be changing to Open Beta in 3 Months (est.).
Albion Online will be Free2Play when released.
If you were recruited ingame: Click here to Sign up for Access to Forums, Teamspeak and the Event System.
Albion Online isn't a usual MMORPG where you follow Quests and Levels, you should watch this Trailer to understand how it works and why Guilds could be so important:
(not available on website, click the newstitle to watch it in the forum-thread)
...or click here to watch the video directly on YouTube
I'd also created a Subforum for Albion Online under Games>MMORPG>Albion Online.