A couple questions:

1. I'm assuming because you have three accounts it is free?
2. Also, what does "1. HoMM Online is operated in Asia only." mean?
3. What sort of heroes or characters do you get? And how in depth is character customization?
   

I might have to try this.

Ok wait edited:

I was like WTF you guys talking about.

I meant: Might and Magic: Heroes Kingdoms

Appears HOMM online is a totally different game.

This other game Kingdoms is run by Ubi, and is free, and has no client installation. Its a browser game. Create an account and each account gets 2 servers.

Wayyyy better than Ultima Online

Heroes customization is pretty big. You hire from a tavern. There are attack, defense, and magic traits. But each hero has different limits like 60/60/0  or 30/60/30 basically they all equal 120.  Also each hero gains their stats differently. Some start slow but then go fast after level 10 or some are opposite.

I think there are 12 classes to choose from, and each hero can speacilize in 3 classes. And from each class it breaks down into another 4 speacilities.

There are resource seasons, where sometimes resources are cheaper or more expensive to sell on the market.

Pillaging, sieging, spying. Hurray.

NO GAME HAS EVER SURPASSED ULTIMA ONLINE.

It's just a Travian clone and doesn't even have tactical battles.

It has a bit more tactical battles than Travian At least you can choose which unit should fight against what (prior to sending the troops). 

And I think Groove was refering to Lords of Ultima and not Ultima online.

I have tested both 'new generation' browser games and to be honest, Lords of Ultima has nothing to do anymore with the famous franchise and M&MHK plays mor nicely but takes way to long until something is achieved. I tested alot of different BBG, but I now stick again to the traditional games Mostly I would prefer E:WoM PPEM 

Might & Magic Heroes Online is an upcoming browser-based MMORTS from Ubisoft’s Blue Byte, which also makes The Settlers Online, Silent Hunter online, and Anno Online.