This is the result of NCSoft looking at Lost Ark and saying "we suck", so they ditched their in-development Lineage Eternal. That game was a nice looking Diablo-esque game with some a multiple character mechanic (you could swap between characters on the fly). Steparu had a lot of gameplay vids:
Guess we'll have to wait and see what NCSoft has done, but I'm think Lost Ark will still be the better game (of that style).