Well here's a turn up for the books. It transpires that Mythic have today announced a fistful of its team (including co-founder Rob Denton) have left the company to establish a new studio, to be known as Broadsword (awesome name if you ask me). The intention behind this is to concentrate on Dark Age of Camelot and Ultima Online, all under the watchful eye of EA.
All in all, I think it's a positive move for the team as there's a wealth of experience in the Mythic staffers I just hope it provides some form of opportunity for them to bring a new IP to the fore at some point in the future. If you want to read the producers letters from the Dark Age of Camelot producer hit this link, or Ultima Online's producer, hit this one.