Torchlight II is coming out on September 20th. Runic confirmed it just a few hours ago on their forum.

This marks the end of a long, long wait for fans of the original. Torchlight II was originally supposed to release before Diablo III, its main competitor and source of much internet hype. That plan clearly didn't pan out, and all things considered it's understandable that Runic would want to distance themselves from the behemoth that is Diablo as much as possible. And hey, having all of that extra polish time couldn't hurt, either. 

Runic promises to do a "more [official] and bigger" launch announcement tomorrow, so stay tuned for... well, for whatever that ends up being. Until then, we hope you are prepared for yet another long, chaotic and fun dive into dangerous procedural dungeons. Hey, you can never have too much loot, right?