Regarding the new event.

I know someone has already posted it as Lorraine's Nightmare but is it even the same thing? From the event description on the official page it could possibly be something different.

More than likely it will be different.

It's not the same thing as Lorraine's Nightmare. You RP as Generation Characters, Ruairi, Mari, Tarlach, Jenna, Leymore/Cai (forget who), and Marlowe for each of their respected rounds.

An NPC also RPs as you, I there was a thread on this in mabination, I'll try to find it and link it as a resource if needed. Lorraine's Nightmare=/=Loraine's Strange Dream, not even close.