Back in August 2009, The Chronicles of Spellborn became free-to-play so Acclaim could move forward with plans to re-develop the game. The Acclaim team recently posted an update on the official forums, and it looks like "Spellborn Version Two" is on its way. Here are the details straight from CEO Howard Marks:

"The developer has released the new version in Japan, and based on the success of that launch and the fine tuning of the game, we will keep you informed as to when we shall launch the English version of the game. When we do, we will be inviting registered players of the old version, who have valid email addresses on file, to become our beta players."

The free-to-play version of the game is still up and running, so check it out while we wait for more concrete information regarding Acclaim's launch plans for the new Chronicles of Spellborn.