You read that title correctly, Fable Legends was announced to be a free to play game today from Lionhead Studios and Microsoft. It will be free to play on both the Xbox One and on Windows 10.

OPENFAIR
Everything in Fable Legends that affects gameplay can be earned by simply playing the game.

GENEROUS

Lionhead continues on to explain how the game will work as a F2P title. They note that while playing, you will earn Silver. Silver is the in-game currency that is used to buy pretty much anything. If you want a shortcut, you can purchase Gold for real world money, which can then be used to purchase in-game items that are also available for Silver.

Unless they change or add how things are handled in the game, that really doesn't sound all that bad as far as F2P is concerned. They have a full FAQ up for what to expect on the F2P aspect.