Bioware announces Ultima Forever

I mean that Bioware have announced a new game titled Ultima Forever, they aren't running about shouting Ultima Forever like some sort of warcry. As first spotted by Kotaku AU and confirmed by EA, Bioware will be creating the new game under EA's Play4Free brand of Free to Play online titles.

As for what is known about the game apart from that? Very little. The game's website says this:

The first great Western RPG has been lovingly restored in Ultima Forever - return to the Ultima series in BioWare's new cross-platform action RPG. Accept the challenge from Lady British and save the land of Britannia. Play as the Fighter or the Mage and travel alone or with friends, restore virtue and become the Avatar!

So... Lady British makes sense, what with Lord British off making New Britannia for the iOS. It's cross platform and an action-rpg... ok, that could be good. Play as the Fighter or the Mage? As a gentleman I can't print the language I would use at this point. What do you think? Which was your favourite Ultima game and what would you like to see in a new one? Let us know in the comments below - and if you're interested, you can sign up for the upcoming open beta via the official website.