Anticipation has been building up to a boiling point since Felicia Day‘s tweet at the end of June announcing Season 4 of the hit web series The Guild would debut today. The first episode, “Epic Guilt,” picks up where Season 3 left off.

Lots of surprises have been rumored on The Guild community forum, including the return of Wil Wheaton and some characters from previous seasons, especially those members of the Axis of Anarchy.

Microsoft and Sprint are back as returning sponsors, promoting the series on MSN and its affiliate networks. Season 4 will also be downloadable from the Zune Marketplace and available in over 12 countries in a 1080p instant stream on Xbox Live. Bing Video has also set up a destination site for the series, which will update with the latest episodes.

The premiere comes just in time for next week’s Comic-Con in San Diego. Last year, The Guild gave us several surprises, including the unveiling of their music video ‘Do You Wanna Date My Avatar?‘, the premiere of The Guild Season 3, the reveal of Wil Wheaton (of Star Trek fame) as a Season 3 special guest star, and the announcement of Guild comic book deal with Dark Horse.

“We have awesomeness planned for you [at Comic-Con 2010]” the The Guild website states. It’s been rumored they are trying top last year’s unveilings. The entire cast of The Guild is confirmed to be in attendance, and new content from the show will be premiered at the panel on July 24.

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