Lord of the Rings Online is a good deal if you can find the boxed Mirkwood expansion in stores. You can essentially play the majority of the game for $20-30. It won't include the midrange level quests but those are discounted all the time and you can either buy those with points you get just for playing or grind mobs (all areas are accessible).
The free to play model can work pretty well if done right. You can buy some stat increases, but those are not very significant (and can be earned in game). The rest of the shop is mostly cosmetics or "stuff you can get if you have the time".
However, I'm not sure if they are giving enough points to subscribers or adding new items to make it worth it in the long run. However, I am having fun and if you're on the Crickhollow unofficidal-new-RP server add my character Tromad as a friend.