After a 7 year absence, Turbine has re-launched a "beta" server of Asheron's Call 2.http://forums.ac.turbine.com/showthread.php?t=57257
The catch is ... you can log in if you are subbed to AC1, which still costs $12.95 a month. Basically a 2-for-1 deal.
The graphics hold up really well for a 10 year old game. Not TSW by any stretch, but like a low-setting DDO I'd estimate.
What they do with it remains to be seen. So far it's the game the way it was at shutdown in 2005, after the Legions expansion. At least the chat servers work this time.