I think it would be a good idea to split the lore and storyline discussion from the main WotLK thread into a new thread, to avoid accidential spoilering of people, and not bloating it even more. As this thread is in it's nature very spoilerish, I think we can do without the [.spoiler] tags... folks who want't to experience all of the lore on their own should probably avoid this thread.
I'd like to begin with something that surely merits some discussion: the ever-popular Ashbringer saga and the (sort of) retconning of some of the old content.
The revised Ashbringer/Naxxramas storyline
The 'old' storyline which you can do on live involving Highlord Morgraine, the Corrupted Ashbringer and his older son, Renault Mograine is apparently discarded and replaced by something new. Here is what we know:
*Kel'thuzad seems to have been killed, but his Phylactery was given to the treacherous Father Inigo Montoy, and he's now back in action.
*Somehow Darion Mograine, the younger of Alexandros Mograine's sons aquired the Corrupted Ashbringer, and in turn got corrupted by it/the Lich King, and now leads a cadre of his own Deathknights, the Knights of the Ebon Blade.
*The corrupted Alexandros Mograine was either killed or at least defeated, and is no longer part of the Four Horsemen encounter.
*Most of the Naxxramas bosses seem to be still alive, as evidenced by the talk of Eligor Dawnbringer and the presence of Noth, Heigan, Gothik and Instructor Razuvious in the Deathknight starting zone, so we can conclude most of our exploits back in the good old days of Tier 3 simply didn't happen.
Based on this, and filling in the holes with wild speculation, my theory what happened so far is this:
- The Scourge Invasion began as experienced ingame
- Darion Mograine and a group of heroes make a daring assault on Naxxramas, and manage to defeat his father, and he takes the corrupted sword from him
- They then proceed to kill Kel'thuzad (just pretend that as a lore character, you don't need to clear all four wings and defeat Sapphiron beforehand :P), and Darion takes his Phylactery
- The Corrupted Ashbringer slowly gains influence over him and his followers, and against his better judgement he gives the Phlyactery to Inigo Montoy
- Possibly this was the Lich King's plan all along (i.e. "sacrifiing" Kel'thuzad as a means to corrupt the heroes... he has done it before, remember? I guess it sucks to be Kel'thuzad in his schemes

)
- After a while, Darion and his followers have completely fallen under the Lich King's sway, turned into Deathknights, and were given Archerus as their own Necropolis
- From there, they later lead an assault on the Scarlet Crusade-held towns of Havenshire and New Avalon, destroying them easily (during this, the player as one of Darion's Deathknights uncovers that the Scarlet Crusade is sailing to Northtrend, forming the Scarlet Onslaught)
- Most of the Scarlet Crusade's standing forces in the Eastern Kingdoms are decimated
- The Lich King then orders Darion to attack Light's Hope Chapel in an attempt to draw Tirion Fordring into the open, fully aware Darion has no chance of victory because of some unknown power/artifact below LHC
- The plan succeeds, until Darion unexpectedly makes a
heel face turn and gives the Corrupted Ashbringer to Tirion, who seemingly simply cleanses it
by touch (and we were led to believe it was uncleansable

) and proceeds kicking the Lich Kings ass
- Following these events, the Knights of the Silver Hand and the Argent Dawn form the Argent Crusade, and the Knights of the Ebon Blade break free from the Lich King's grasp
- The Lich King and those still loyal to him (including Orbaz Bloodbane, the two vampire-zombie-canibal blood elf princes, Noth, Heigan, Gothik and Razuvious) make a hasty retreat in Naxxramas, taking it north to the Dragonblight where it is now.
Unanswered question: What exactly is this awesome power below LHC that makes it so dangerous to the scourge? (at least it explains how such a small outpost could survive that long in the middle of the plaguelands, surrounded by undead).