GameSpy.com has posted the first details and screenshots of Midgard, apparently not to be confused with one of the Realms in Mythic's MMORPG Dark Ages of Camelot, but a newly announced 3D MMORPG in the works at Norwegian developers Funcom, who are currently finishing up Anarchy Online for a June release. The update features quotes from producer Ragnar Tørnquist who talks about the game's premise, economic system, player roles, and more. Here is a quote that gives a feel for the game's Nordic environments:

Midgard will feature a 3D world of deep forests, fjords, icy glaciers and mountains. Exploring and adventuring will be important diversions once you have gained some experience. Trolls, sea serpents and other creatures of Norse mythology will be found in the wilderness. They have purposely kept the lands of Midgard smaller so that they could it deeper and richer. They are even planning on developing Vahalla, Norse mythology's version of warrior heaven, as a player versus player combat area.