Well now, it's looks like patch 2.4 has arrived for Granado Espada, and it's a pretty major one. Long story short, this free expansion basically adds some Latin America flair to G.E., new quests and mini-games, and a new free for all PvP mode called Super Fight. The three new zones are:
Bahia Island aka Bikini Avatar Super Happy Fun Time
Bahamas Swamp
Tierra De Los Muertes (Land of the Dead)
Granado Espada has the distinct honor of launching in the US as a monthly subscription game and then switching to the microtransaction system in about a month. And it's doing pretty well too. The game boasts a pretty unique party system where each player can control up to three members when playing solo, allowing for a lot of soloability and versatility. You can give the game a whirl through the link below. It's also cute to note that while many games have a refer a friend, get free game time, G.E. gives you in-game currency. Nice Touch!