Looks very promising and I am excited to try it out.
Here is some info on what they say will separate them from all the other vanilla private servers you have played on:
https://forum.nostalrius.org/viewtopic.php?f=2&t=1019
With the chance for players to get Talisman of Binding Shard:
http://www.wowhead.com/item=17782/ta...-binding-shard
Also here is their planned timeline of releases and what will be available at launch:
http://forum.nostalrius.org/viewtopic.php?f=2&t=4