Turbine has recently announced that come this Fall, LOTRO is switching to a Free-To-Play (F2P) model similar to what DDO uses. Lifetime members, like myself, will get an automatic VIP upgrade. There appears to be a Beta Signup if you want to get in on the F2P model early and don’t mind working out the bugs with it.
As a side note Turbine was planning on upgrading both LOTRO and DDO to DirectX 11 (not required I’m sure) this year making the one of the few DX11 games out there for now. I’d like to see some of the stone walls of Bree and other stonework pop out in more detail with DX11.
If you ever wanted to try LOTRO or get back into it, your chance is coming up.