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While I am not a fan of TERA’s marketing gimmick of “true action combat” since you can’t jump and move while attacking, I feel that they are waiting on major games such as The Old Republic to enter F2P first, before announcing their own plans for the conversion.
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If I am wrong and En Masse Entertainment insists P2P is the way to go, I sincerely hope the management team have a major reshuffle as well. Heck, the Korean server now as a permanent F2P server with just a level cap restriction, I can foresee the model working somehow with a cash item shop. Thanks to Orestes for the heads up.