I just played with MasterQ32 and it was enjoyable. Reminded me of the old Ragnarök Online times.

Bugs:
Stable to me, as long as you don't minimize.
Attacking while chatting sends the text.
This version lagged a few times. I was "jumping" on the field. Not so in the previous version. Probably just the network.
You can't add health and mana pots to the action bar.

Comments:
A way to party up would be nice, as I was kill-stealing the goblins while doing quests together.
The global loot is an interesting element. Pvp would even enhance that. =)
Walking "between" the tiles is probably coming someday later?
Automatic closing of an empty loot window would be better than a "close everything" button. And I would not open the inventory when looting, as long as it has space left. Shift+Click could be quick-loot.

Overall really nice game.