Torchlight II - "Getting closer to launch"
IGN looks at recent progress with Torchlight II and quotes Runic as saying "expect Torchlight II toward the end of summer 2012":
Other post-beta adjustments include toning down the magical effects and targeting. It seems players in groups of six were having a lot of trouble identifying exactly what was going on in the middle of a fight, so Runic is taking steps to pare away some of the more extraneous effects so nobody gets lost during battle. Targeting was also made a little more forgiving, so in the chaos of combat it won’t be quite as tricky to cast spells and swing giant hammers at your desired targets.
Information aboutTorchlight II
SP/MP: Single + MP