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PlaneShift is and will probably always be under Development: New content will continously be added.
Right now the game is being ported to Unreal Engine with the latest Alpha just two weeks old.
If you are into RP, give it a try.
Oh, before you ask – PlaneShift will ALWAYS be FFP – Fully Free to Play. There is no way to gain in-game advantage through real money. All that matters is how you (role-)play the game.