Loop Hero was a fun game to play. I recently started playing Majesty again because I like to visit old gems.
So here's the deal, I own my own video game company and we're currently making a MMORPG that is the real successor to the 1999 EverQuest in my own fantasy world I've created for over 21 years. I have a full team of 20 developers all of which are extremely talented and passionate about making quality games.
That being said, I have put a "Majesty 3" on our agenda to make either during or after the MMORPG. I believe my team is the best chance of getting a real fantasy sims. It won't be exactly the same of course but it will have the feel and magic of the original Majesty, I promise you that. And it will take place in my fantasy world which is rich with lore and content.
That being said, my company is always looking for talented and passionate developers for writing, programming, 3d modeling art, concept art, etc. If I get enough volunteers then I can manage to get this game in the works.