Blade & Soul has been picked up by NC Soft for development in the Western market. Much like TERA, it's a "true action combat" game, where you control your characters combos and actively dodge monsters. The art style is unique and I've been following the game here & there since I heard about it during TERA's westernization.
The game has been out in Korea for a while now and has been pretty popular. No idea how well it will do over here, but hopefully it is handled better than TERA.