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From the milmo facebook page
Hello players! MilMo is now down at www.milmogame.com, Facebook & Orkut. It's still not yet decided what will happen to the game since Junebud (the company behind MilMo), has filed for bankruptcy. Stay up to date at www.junebud.com or at twitter.com/milmogame. We will share any news with you as soon as we got them. We apologize for the situation. Thank you!
:( I hope a good company picks it up and makes it more free
This is kind of a shame. Milmo was the only 3D platformer online game I can really think of which actually put a strong emphasis on the platforming and had combat as more of a secondary thing; it felt legitimately unique in the online game world. I can't say it's surprising though, Milmo never became all that popular, the combat was clunky and laggy even after they revamped it, and quests were generally just outright horrible in terms of grind. Not to mention, the cash shop was pretty overpowered (some of the best gear in the game was sold in it) and there was very little reason to ever interact with other players.