One of the best entries in the TIGSource Procedural Generation Competition (along with Dyson and Rescue: The Beagles), MMORPG Tycoon is a game that sets you up as the director of a failing MMORPG company. And it's better than most commercial tycoon games to boot!

The game starts you off with the base of a failing MMORPG made by the previous director. It generates this randomly, and it has balance and other issues. Your goal is to balance the game and provide the players with enough of a fun gameplay to generate hype for the game. You can change levels in zones, place towns and respawn points, and change most aspects of how the game is run. The best part, though, is that you can look at the little players scurrying around if you zoom in close enough. It even lets you see what their stats are and what they are doing! You can download the game through the TIGSource forums.