Lord of the Rings Online, or LOTRO for the fans of the MMORPG, is joining the fray of free-to-play massive multiplayer games on the market. To be fair, the pricing model will launch this fall, but developers will be releasing the Beta on June 16th. There are 3 tiers available: Free, Premium and VIP. You can see a chart comparing the three HERE
You can read more about it, and decide how much I plagerized by going to IGN
Or sign up for the beta on the games official website.