Armor Games

guild wars with better PvP and higher level cap than 20

Re-encarnate monster rancher 1, but u can do the jobs by yourself, explore whenever u feel like, and make battles feel more like a fighting game, less like an rpg, That Be The Perfect Game! Ive had monster rancher 1 for 2 days and Ive already wasted 10 hours of my life on it!

RPG free roaming stuff is great

My list:

Great graphics
A good story
Good actors and voice work
Fun gameplay with a wide range of difficulty settings

GTA 10

A story driven RPG  set in a fantasy world like Fable 2 but darker with more characters. It would have free roam elements, great graphics  co-op and online.