This trailer also best explains (though not completely clearly?) the 4 vs. 1, heroes versus villain mode, which we talked a bit about here. Though it's not traditional Fable, there is also regular single-player and co-op play. Still, 4 vs. 1 might be the way to go.
There's this, Evolve, Crawl. I like the trend of pared down multiplayer. That we've moved away from developers giddy over 56 player or 128 player games.