The Cyclops Camp is located South of Thais. There is a respawn with of a lot of Cyclopses and in the Summer Update 2008 the Cyclops Camp was enlarged and a Cyclops Smith was implemented in the second floor, but beware! This place has a big number of cyclops (Please note that there aren't any Cyclops Drone). .
It is a common used pk-place on both Hardcore PvP and Open PvP worlds. Take a high level friend or some friends with nearly same level with you just to make sure. The more you are, the more chance you have that you can kill the pk-ers or save your own bodies. There is also a Minotaur Camp to the west and a beach where you can swim near the entrance to Fibula. If you encounter a PK and you're alone, try to reach the beach and start swimming. You're safe there, and you can log out while swimming.