(news taken from main site)
Few days ago we reached 400.000 registered users! This result represents a big step forward in building a great player community and having PlaneShift as a well known game. We are still working very hard on release 019 and the bugs remaining are few and related to inventory functionalities. We hope to have this fixed pretty soon. All other parts of the game have been tested and are working properly.

i think that you should be in the process of making new servers because its ridiculous for that many people on one server because it gets crowded.