Guild Wars2?

Is there a guild wars 2? if so when will it be released? where can i read some more about it? and is it worth waiting for it or should i buy guild wars 1? is it still gone be free( like no mounthly charge)?

http://gw.gamewikis.org/wiki/Guild_Wars_2

All the info we have so far should be there. There is not much, anything else you hear is pure speculation unless anet has released some new information concerning GW2.

You should still have plenty of time to play GW1

There will be a GW2 in about 1-1/2 to 2 years.
Don't know where you can read more about it.
Go ahead and buy GW1 (See "player on a budget..." thread to choose which of the three GW1 chapters to start with).
It's a lot of fun & can keep you entertained for that long.
They've said that they don't intend on implementing a subscription fee for GW2.

gw2 won't be out for a while so I'd recommend getting gw, especially if you're looking for a fun game. Try not to get too addicted!