I was following this game's development with great interest until I realised they had gone for such a limited approach to PvP. For an mmorpg to really work, for me it has to have free for all PvP with consequences for murder, rather than an inability to fight people unless within a R-vR or E-vE context.
Still looks a fun game...My interest is currently being piqued though by another game which is just about to go into open beta.
Its called Darkfall
http://www.darkfallonline.com and it looks very good. Theyre trying for an immersive world without artificially imposed restrictions on interraction. Might turn into another shadowbane ( urg) or maybe just maybe Ihave found my holy grail and its the next contender for the UO crown