There are indeed two sequels. Lands of Lore II: Guardians of Destiny and Lands of Lore III. Both are great games, but while playing the third part, you'll notice the game has been rushed because of the interference of EA... There's lots of bugs and the game is short. Both games don't compare to the first part, IMHO. But they're still great games.
And yes, the first Lands of Lore was ESA protected, but not anymore!
