Its finally here and released through STEAM

Kotaku article compares Torchlight 2 and Diablo 3 on game mechanics and fun factor
http://kotaku.com/5943951/torchlight-ii-vs-diablo-iii-the-comparison-we-had-to-make

Huge price difference as well between TL2 $20 and D3 $60 + cost of Authenticator ($8 US or $17 CND)