Factional Warfare will soon be upon us. I stopped playing EVE several months ago with the plan to return once Factional Warfare was in (which I figured would be a couple of months since it was suppsed to be part of Revelations. Well the next expansion, Empyrean Age will finally bring it to us. It’s not going to be quite as drastic as my hopes but they were pretty drastic :P
Basically you sign up for FW with one of the four factions - that is Caldari, Minmatar, Amarr or Gallente (they’ve said other factions will probably be added later). You then have kill rights on that factions enemies anywhere (0.0, lowsec, highsec - even Jita, which will be even sillier than it has been). The factions enemies will obviously have kill rights on you. At the moment it seems it’s just going to be Caldair vs. Gallente and Amarr vs. Minmatar.
Joining the fight gives you access to special missions that will involve attacking your new enemies. As one faction wins fights in a system it gains “points” there. Enough points and that factions takes the system. It seems that, at least initially, only lowsec systems will be up for grabs in this way.
Finally, to balance out the fact that Caldari have little lowsec, a new region has been added basically in the middle called Black Rise that is mainly Caldari lowsec.