A post on the Runic Games Forums by Travis Baldree discusses the reasons Runic Games has not yet set forth a release date for Torchlight 2, their upcoming action/RPG sequel, in spite of once boasting that Torchlight 3 would be released before Diablo III. He proceeds to offer a giant brain dump on what it is they are spending their time on, admitting this detailed account may all be "tl'dr." He does not confirm the game is still expected this year, but does promise more such updates "more-or-less weekly basis until this ships to give you something to chew on." Thanks Joao.