Yes. Shadowbane is awesome. Its still somewhat buggy but a lot better than it is when it came out. The PVP system is the what the game is built around, not leveling up or pimping out your character's gear. But you can still have a good time doing those things.
All cities in the game are player built and overtaken/destroyed by other players. There is open PVP everywhere except a few safehold cities dotted around the map, and the island where you start your character.
IMO, the only way to truly have fun in the game is to meet other players that you can get to know in ventrilo and enjoy participating in siege's and smaller fights with. On the Wrath and Vindication servers you can get from level 1 to 75 (highest level) in under 3 days with the help of a guild.
One drawback, is there are a lot of chinese players ever since the game went free, who mindlessly zerg. But North American and Euro players are currently rallying accross all of the servers to destroy their cities and kick them out, giving huge seige fights every other night.
Oh, and
this is the site you wanna look at.
It's free, so give it a try.
Edit: Oh didn't notice your second post. The game forces you to sit through the intro scene the first time you start the game. You can press escape after that. I think it makes you watch the 5-second dell thing a couple times, but you'll never see it again after that.