Darkfall is a MMORPG in development by Aventurine, a greek startup company. As this has been "under development" with no release date announced since 2001, there have been rumors that it is only vaporware. But apparently the problem is only that a relatively small developer is trying to produce a big game, and that takes time.
So Tasos Flambouras (I'm not making that up, that's his real name!), the Associate Producer wanted to let me and my readers know about the state of the game, and sent me the link to the latest in-game footage. That's a 50 MB zipped Windows media file showing how the game and the characters will look, and how combat will go. Darkfall's claim to fame is horse-backed combat, to which apparently they now also added combat between ships, with the ability to sink them.
Looks pretty enough, but of course it is impossible to say how good the game is just from looking at the graphics. The gameplay is far more important, and we don't know anything about it yet. Well, maybe something to keep in mind, I doubt this will come out this year.