At level 10, I chose Occultist as my second class, and thus became a Nightblade/Occultist AKA Witch Hunter, which sounded pretty nice. I put enough points into that to get a raven familiar, then went back to leveling up the Nightblade stuff.
I have two "blue" items, but I need to level my physique stat up quite a bit before I can wear them. "Blue" items have extra effects. I think they're analogous to "orange" items in Diablo 3. The game is definitely in the Action RPG mode, like Diablo, and not really a Party RPG, like Baldur's Gate, as I thought it might be. I don't really pay attention to games in development. Still, Action RPGs are fun and I play lots of them and I like this one. I'm not sure if it's going to turn out to be player expandable, as Torchlight and Torchlight 2 are.
It might be nice to make an Action RPG skin of EverQuest (always EQ) in some game.
(Just checked, players can indeed make their own mods).