So I just purchased Life Is Feudal: Your Own on Steam, just like 2 hours ago. And I found out there is another upcoming version of a improved LiF on the way, so I just managed to get a version of the game with less features?
The MMO version won't come before late 2015 or even 2016 i heard.
It will be buy2play afaik, the free trial will be just like LiF: YO on a small island and the full MMO-land will require that you buy a character-slot. And everyone who bought LiF: Your own, will have a character-slot for free there.