It is called uoforever and is about to launch sometime between jan 11-18th and it is currently in open beta. It is a piece of cake to log into, I just used my hybrid client, changed the server addy and port number on razor and logged right on. The shard has a UO:R ruleset it will have modern housing, bulk order deeds etc. Skill gains are decent for warriors but as they wish to keep crafters valuable, the crafting skills are a slow go. Personally, I am loving everything I see so far.
http://www.uoforever.com/
Even the movie is bad-assed.