If you are looking forward to Torchlight 2 (Torchlight was quite a nice budget game), you will be happy to hear that it will be released soon!
Torchlight 2 will be released on December 13th (EU release date). It is possible that the US release date will be the same.
Also planned for the future is a Torchlight MMO. There’s still a lack of high-quality hack n’ slay games à la Diablo, but a Torchlight MMO might fill this gap.