I am shocked with how much better this is than the other recent Torchlight game.
I'll put it simply, if you like PoE, you'll like this game. There is a lot of inspiration (obviously taken) from PoE but modernizing some of those mechanics they take inspiration from. Now let us say you didn't like PoE because you found it too complicated. That won't be an issue here due to simplifying some overly complicated mechanics PoE has.
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Just overall a great game BUT, I have a bit of concern. There is a mechanic where you can make pacts with monsters. Those monsters provide pretty substantial power to your character and they have some range of rarities as items do. With that being said, it sounds great but unfortunately the only way I've found to get these monsters (so far) is through a gacha system called Boon if I remember the name correctly. It costs 1000 of their premium currency and the game isn't very generous with giving you that currency for free. Just so you get an idea, you get 10-20 per achievement.
I will note you can't purchase anything with money at the moment. But the future implications of purchasing power doesn't sit well with me. I hope this is something they look into.