I thought I'd toss word for any interested parties that Dungeons & Dragons Online MMORPG is currently having beta sign-ups.
http://www.ddo.com/index.php
It'll be following 3.5E rules and takes place in the Eberron setting. Look around the website and if you have any interest, go sign up.
Supposed to work upon a modified version of 3E rules actually. Since they didn't want to stretch out 'level gaining' like it happens in the actual thing (being more role oriented), instead you gain 4 'points' each 1/4th level, which give part of a levels benefits.
Dracos