We thought that Michael Jackson already had a space divorced from reality where guests can romp around, but apparently Neverland Ranch wasn’t enough. See Virtual Worlds has signed a deal with the Jackson Estate for a virtual online space where his fans can hang out and remember Michael Jackson.

Planet Michael is set to go live late next year and will be a social gaming/networking space complete with some undisclosed “games” as well as different ways to enjoy Jackson’s music and life. The space won’t charge a monthly fee, but rest assured there will be plenty of ways to blow your money – much like Michael did with his own fortune.

Jokes aside, though, one cool thing about this venture is that visitors can give to charitable causes like the ones that Michael himself favored – like kids’ charities.

Say hi to Bubbles for us.

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