Just got my invite for it, but before that, a quick summary of it.
Need for Speed: World (previously known as Need for Speed: World Online) is an upcoming installment in the long-running racing video game Need for Speed franchise published by Electronic Arts. This iteration is being co-developed by EA Black Box and EA Singapore , the first MMORG in the Need for Speed series since Motor City Online, exclusively for Windows-based PCs. World is scheduled for release worldwide on July 20, 2010
-Wikipedia article.
Also, MackTheHunter got his invite the same time as me.
Screenie:

In other words. discuss.