The first thing to note is that Project Ego may not be called Project Ego anymore. Though the final name has not been announced, it's rumored to be
Fable. Whatever the name, the story remains the same. As a young lad of only 15, you return home from an errand to find your parents kidnapped and your dog nailed to the front door. Ouch. The rest of the story involves your lifelong quest for revenge, ending with you becoming the greatest hero the world has ever known. How you get to that point is what makes Ego one of the most ambitious RPGs to ever hit the console world.
New on display was Ego's combat system. The game is a long ways off from being finished, as professed by creator Peter Molyneux, still the combat system seemed complete enough to evaluate. Combat in Ego varies based on the weapon you choose to wield. In the demo, the character was a master with a frying pan. Combat's in real time with actions and combos similar to what you'd find in an adventure game.
Enemy AI is very high. Bad guys hide in wheat fields, surround our hero for better attacks, and learns from the players actions. The world of Ego is massive, and it's rare for an RPG to have such a smooth combat system. Ego's a deep story with near limitless possibilities and a beautiful design. Tag on a quick, easy, combo-oriented combat system and you have a game that could be one of the best ever. But don't expect Ego anytime soon. The game won't be released until at least 2003.
The information ABOVE was taken from ign.com
From what I can see, it will be a great rpg and from what I heard at news sites, it will be the BEST rpg ever. Well, I'm not sure about the best but it will be one of the best. Project Ego is not the name, just a temporary one. (Fable is it's rumored name) From the magazine Game Informer, it says that Project Ego will be online. And now for some screenshots and concept art. (The screenshots may not be accurate)