I remember being really upset when i heard that MEO was cancelled by sierra?(not sure). But here is some info i stumbled upon on gamespy today
Middle Earth Online Coming Tomorrow - Warrior
Vivendi Universal will be announcing Middle Earth Online for the PC sometime tomorrow. We've got some early details, but all we can officially say now is that it is expected to be released in 2004. The game will be shown behind closed doors at E3 and we will be on hand for a preview. Stay tuned to GameSpy for all the latest info.