Age of Conan Game Director Craig Morrison has written a letter to the AoC community outlining some of the updates that will be coming in the near future, including confirmation that they are actively working on an approach to merge servers. The letter is quite long and focuses on both immediate changes and long-term plans.
The AoC team's immediate focus will be on Ymir's Pass and a big change to the PvP system. Ymir's Pass is a large zone that may stay on the test server through several updates to work all of the bugs out of the large amount of content. As far as PvP is concerned, the upcoming consequence system will create ramifications for your actions, adding a "real world" feel to fighting. For example, if you constantly gank lowbies, you may be turned away from some "orderly" areas, but will be able to change your play style by networking with shady camps.
For the full letter and Morrison's take on some of his long-term goals, check the official news post or keep reading below.