Runic Games, a team largely made up of the guys who originally developed the critically acclaimed Free to Player MMORPG, Mythos, have announced that they will be releasing their latest MMO, Torchlight, on October 27th, 2009. The game will cost you $19.99, and you can check it out at this year's PAX convention.

If you weren't able to make it to PAX this year, but you still want to check out the game, you can toddle around Torchlight's website and read more about specific game mechanics here. As well, the team's latest feature has been a little blurb about Torchlight's various NPCs, which you can read here. All in all, it seems as though Torchlight will be another step forward for the 'Diablo' style of randomized dungeon MMORPG gaming. One thing, however, of particular interest this time around appears to be the team's intention to include a game editor with Torchlight that will allow players to create and design their own content. This might be interesting to check out in October!