I've been watching the pattern of the locations of each cycle, Gondor, Isengard, Harad, Mirkwood, Khazad Dhum, The Grey Havens, etc.
But the map is getting smaller. The only locations I feel are left that haven't been explored are Hobbiton (which aside from the Scouring of the Shire, I can't see), The Iron Hills (I also can't see because it'd be too similar to Khazad Dhum), Rhun (would be cool to see what they'd do with that), and...Mordor.
Now I know Mordor is the Land of Shadow and no one would go venturing in there without a GOOD reason, but I feel like that could open up a whole new way to play LOTR! Like what Cataclysm did for Warhammer: Invasion. Maybe somehow throw in some PvP or something to represent the shadow overcoming friendship and cooperation.
Anyway, just a thought. What do you guys think the next cycle will bring?