During a recent conversation with an SL friend, Bebop Vox, of Natural Selection Studios, he mentioned that he was in the closed-beta program. When asked about the Machinima capabilities, he admitted that they were a bit rough around the edges. However, when the NDA lifted today and he showed me this video, I wasn't expecting that kind of quality at all!
As you can see from this short clip, you can sail the gorgeous seas and engage in gun fights with a rival crew. At the end of the day, you can relax with a brew in the local bar. I'm sure you can even meet a real lusty wench or two, although you could do that in SL as well. There's no doubt about it - PotBS is the action-packed MMO that we've been waiting for, and Massively has all the dirt you're looking for on it!