Hokage's Room

*I know most of you know this by now*
As we all know Dragon Ball Z is getting the MMO treatment.So far it is only in Korea and will be released in Japan.As for a Us or Europe release it is still in talks though they are interested in releasing it here.Dragon Ball Online is a mmo rpg where it takes place hundreds of years after the events of DBZ(correct me is I am wrong).You can make your own character and do stuff like tournaments,collect dragon balls,ect.
So far the races you can choose from are:
Human,Namekian,Sayain,and Majin.
Also I don't know if this feature will translate into the english version if there is one:your characters can marry and mate(have children)you can use these chlidren and so forth.More on this later.I will update as more becomes availble.
Upcoming updates:vids,pics and so on.

Update 1:
Dragon Ball Online will also be for the XBox360.

Update 2:
Sorry to tell you this but Sayains in this time timeline no longer exits and are no longer a playble race.

Update 3:
From wiki... has been confirmed so don't worry.
Character classes are explained in more detail:
Human

Martial Artist - Fighters who specialize in martial arts, comparable to characters like Yamucha, Kuririn, or Tenshinhan.
Spiritualist  - Mystics who specialize in spiritual techniques, like Chaozu.
Engineer  - Mechanics and inventors who build weapons and utilize technology, much like Bulma.
Namekian

Dragon Clan - Members of the Namekian support caste which have special abilities including healing, such as Dende or Kami.
Warrior- Members of the Namekian warrior caste, which includes Piccolo and Nail.
Majin

Strange Majin- Slender, evil-looking Majin who have a similar appearance to Majin Buu's original, pure form.
Large Majin  - Fat, happy-looking Majin who resemble Majin Buu's good form.

Update 4:
Items and weapons:
 Players will additionally have access to weapons, including gloves, guns, and staves as well as to Bukujutsu, the ability to fly using chi energy.

Update 5:
The game is scheduled for 2008 releae in South Korea(in beta right now) and 09 in Japan.
I have no news on the price or if it is gonna be pay to play(basically you pay for services after you bought the game.)

Update 6:
You also have the option to start your character as a kid and he ages as the game time goes on.Whether satring out as a kid is better development wise it maybe.

Update 7:
From Wiki:
Gameplay:
As with other MMORPGs, players control a character avatar within a persistent game world, where they will be able to explore the landscape, search for the Dragon Balls, train to compete in the Tenkaichi Budokai, aspiring to become like the warriors of legend, as well as interacting with NPCs as well as other players. As in most MMORPGs, players will be able to obtain money and experience which will allow them to level up and obtain new abilities. Players will also be able to participate in "Timemachine Quests", in which they will receive guidance from Time Patrol Trunks (タイム・パトロール・トランクス, Taimu Patorōru Torankusu), in order to travel back in time and take part in notable aspects of the Dragon Ball history.

To date, three playable races have been announced: Human, Namekian, and Majin. Saiyans no longer exist in the world as of Age 1000, and will not appear as a playable race. Players will also be able to create their characters as children, allowing them to age over time, much like characters in the Dragonball series. A wide variety of skills appear to be available, including energy attacks such as the Kienzan or the Kamehameha. Players will additionally have access to weapons, including gloves, guns, and staves as well as to Bukujutsu, the ability to fly using chi energy.

Storyline:
Dragon Ball Online is set in Age 1000, exactly 216 years after Son Goku left the 28th Tenkaichi Budokai to train Uub in Age 784, in Dragon Ball Z. During this period time, a number of notable events have occurred, including the appearance of a Majin race, the arrival of what appear to be Yardratians in the Southern Galaxy, and most recently, a gulf forming in time.[5] The Earth has also been divided into pieces by a villainous organization known as the Dark Eye (闇の目玉, Yami no Medama), which is led by a mysterious individual.

It is worth noting that Dragon Ball Online ignores the events of Dragon Ball GT, and even appears to contradict some aspects of the anime (for example, the Yardratians, who did not appear in the manga, look completely different in DBO and the Dragon Ball Z anime). Due to the high level of supervision from Akira Toriyama, as well as the involvement of Bird Studio and Shueisha, DBO may actually be considered a more accurate continuation of the Dragon Ball manga.

Update 8:
Vids:
Pic Vid 1: http://www.youtube.com/watch?v=pn4rr-Ght9w
Pic Vid 2: http://www.youtube.com/watch?v=d-5T_wVyUPY&feature=related
Pic Vid 3: http://www.youtube.com/watch?v=AL0x1iKRfh0&feature=related
Pic Vid 4: http://www.youtube.com/watch?v=cJie8kfA8PQ&feature=related
Pic Vid 5: http://www.youtube.com/watch?v=D69_K11CsSU&feature=related
Pic Vid with Trailer and Game Play 1: http://www.youtube.com/watch?v=sMKANvM034Q