Level 54 monk now... I was hoping the items would get more interesting prefixes and stuff but nope... boring itemization on a game about items tbh.
Bit jealous now, looking at footage from Torchlight 2, they got a huge amount of set and legendary items and can socket their stuff with loads of things besides gems.
Still ... on hard mode in act 2 with a monk with 4k dps.
Auction house and gold find is OP.