The Runic Games forums have an announcement from Travis Baldree saying that as of april 2nd, he and Erich Schaefer are both parting ways with Runic, the Torchlight developer they co-founded six years ago after the sinking of Flagship, the developer they formed with fellow Blizzard veterans. He calls this "an amicable departure," saying he and Schaefer will partner on a new studio: "I'm personally excited - oh, hell, I'm SUPER-STOKED - to be getting back to smaller-scale development, where I can wear many, many hats performing many, many different kinds of tasks. Working within the boundaries of limited means and resources is the best fun I've ever had, and that sort of work satisfies me in a fundamental way - I can't wait to be working that way again."