Ubisoft has revealed that Far Cry 2 will support 16-player online multiplayer, but not online co-op.
There will also be a Call of Duty 4-style perk system with persistent rewards.
The open-world FPS is just about "feature-complete" and should be on track for a December 2008 release for the Xbox 360, PC, and PlayStation 3.
Here's the trailer from yesterday if you missed the video.
Eurogamer: Far Cry 2 to have 16-player online