Looks very sandboxy, like UO or Eve in a midevil setting, but no magic. Crafting/gathering, building your own town, shipping lines, etc is a big part of the game. Open beta started.
http://lifeisfeudal.com/mmo
https://www.youtube.com/watch?v=3-Gk9Nh7UqM
One of you stateside people try it out! May be a fun game to start up Fockerville.