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Does anyone happen to know how exactly the Torchlight II version which is sold on their very own website is working?
Is it DRM free? Can it be downloaded as often as needed(within reason)? Does it come with a specific key of some sort or is one purchasing just the access to the installer on their website?
This question / problem has been solved by Fictionvisionimage
I have it and I love it! It is fairly simple with two minor problems that I will mention later.

Download the demo which is actually the entire game with a lock on it. Play the demo as much as you want, it should give you a good feel for the game. Then follow the links provided to purchase the whole game (I think I paid through Google which took a while but went through smoothly enough). They send you the key code, you plug in the key code (just once) and bam! You're good.

Now the two small problems. Everytime you start the game it automatically searches for and installs any new patches. Every once in a while (one in about ten for me) the patch wont take and you need to go in and delete the old patch files (there are several FAQs on how to do this on line) and then reinstall the new patch files (again thats automated when you start) to get it running.

That leads to problem two. When you pay and get the key the game leads you to believe that you have automatically registered, but you have not. If you want to play MP or ever need to contact Runic you will need to register which is free and takes about 2 minutes MAYBE at the most.
Found there, right on the buy page: ;p
http://www.torchlightgame.com/buy/#buyfaq08
Is the version from Runic tuly DRM-free? I mean, if I was in the desert and only had a laptop with the demo installer and my key, would it still unlock without internet connection or does it need to verify vie servers?
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HiPhish: Is the version from Runic tuly DRM-free? I mean, if I was in the desert and only had a laptop with the demo installer and my key, would it still unlock without internet connection or does it need to verify vie servers?
No, it clearly says so right in the link Stooner posted.
Because we wanted to have a demo version of the game that could be unlocked, some sort of mechanism was required to do so. Torchlight does require an internet connection to activate, but once you have activated, an internet connection is no longer required. We have provided each purchase with a key that is good for 10 activations – more than most users would ever need – because we don’t want the system to be a burden on our customers. We’ll happily increase the activation count if you run out. You can use them on any computers you want. If you use them all up, you can contact us at customerservice@runicgames.com to reset them for you. If you purchase Torchlight from one of our partners, you will need to contact them regarding their DRM policy as they do use their own DRM software.
I live in the middle of nowhere and get 260 - 300 inches of snow a year and cell phones don't work and the only way to get around is on tontons and right now there are At At Walkers on my front yard and I'm in a world of shit. That being said, as the page stated, whence you start the game the connection is no longer needed which is all I need because while I have internet I don't have consistent internet. And IMHO the game is worth both price and limited hassle. It sure beats the hell out of Blizzard, lets put it that way.
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tinyE: Download the demo which is actually the entire game with a lock on it. Play the demo as much as you want, it should give you a good feel for the game. Then follow the links provided to purchase the whole game (I think I paid through Google which took a while but went through smoothly enough). They send you the key code, you plug in the key code (just once) and bam! You're good.
So, what kind of installer is it? I have to connect to the Internet at least once every time I install the game? Can I install the game on more than one computer?
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Stooner: Found there, right on the buy page: ;p
http://www.torchlightgame.com/buy/#buyfaq08
That seems to only count for Torchlight 1 but I do want to know how Torchlight 2 is handled.
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Stooner:
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Robette:
The number of downloads is infinite, or so they have told me. As for multiple computers I just don't know. You could ask but I doubt Runic would give you an honest answer. They want you to buy buy buy so even if all you need is the one key they are probably NOT going to tell you that.
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PenutBrittle: No, it clearly says so right in the link Stooner posted.
Ah, thanks. Anyway, this part:

Because we wanted to have a demo version of the game that could be unlocked, some sort of mechanism was required to do so. Torchlight does require an internet connection to activate
is total BS, that is not how keys work. When you type your PIN into an ATM machine the machine doesn't have to connect to any server base to confirm your PIN, that would be a gigantic security hole, instead your PIN is checked locally using a mathematical algorithm; no one except you ever knows the right PIN. In the same way there is no reason why you'd have to connect to a server to validate your key.
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PenutBrittle: No, it clearly says so right in the link Stooner posted.
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HiPhish: Ah, thanks. Anyway, this part:

Because we wanted to have a demo version of the game that could be unlocked, some sort of mechanism was required to do so. Torchlight does require an internet connection to activate
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HiPhish: is total BS, that is not how keys work. When you type your PIN into an ATM machine the machine doesn't have to connect to any server base to confirm your PIN, that would be a gigantic security hole, instead your PIN is checked locally using a mathematical algorithm; no one except you ever knows the right PIN. In the same way there is no reason why you'd have to connect to a server to validate your key.
They do use your key to identify your account. When I had some questions they asked for my key so they could use it to pull up my registration to make sure I was registered and thus qualified for tech support.
With the Torchlight 2 from Runic version you get a CD Key when you make the purchase. Be sure to make a copy of this somewhere to be safe. Once you do, you enter the key into the demo version of the game and it unlocks the full version. Once unlocked it no longer needs an internet connection. It will check for updates and install them if you have one when launching the game. To play online you need to make a runic games account and put your Torchlight 2 key into it. For LAN play there is no account needed.

You can install on 10 separate systems without needing to request an activation reset. Once you run out you need to contact them and they will reset your number for you. I think over the life of Torchlight 1, they did periodic resets for people anyways, but I don't remember how often this was. You can play single player and LAN games without needing a Runic account. I didn't even realize I hadn't made an account when I first got the game and it ran fine without any complaints. I forget where I read it, but I think when you uninstall the game it keeps your information in the registry so if you reinstall you won't use up an activation and can go ahead and play the full game.
Post edited February 02, 2013 by Fictionvision
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Robette: Does anyone happen to know how exactly the Torchlight II version which is sold on their very own website is working?
Is it DRM free? Can it be downloaded as often as needed(within reason)? Does it come with a specific key of some sort or is one purchasing just the access to the installer on their website?
Their website version is a demo that has a key activation. They either don't have limits on activation or go about refunding them on a regular basis. Pre GOG version of Torchlight the only way to get that one DRM free was if you had a boxed copy.

Their stated reason for using activation is that they don't want players to have to wait to keep playing if they decide to buy, they can pay and immediately benefit from playing. Torchlight did have limited activations, due to the limitation of SecuROM (or whatever it was) but they had set the number to the maximum setting (10 or 20) and then kept refunding them, so I tend to believe them even if I disagree with activation as a matter of principal.
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HiPhish: Is the version from Runic tuly DRM-free? I mean, if I was in the desert and only had a laptop with the demo installer and my key, would it still unlock without internet connection or does it need to verify vie servers?
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PenutBrittle: No, it clearly says so right in the link Stooner posted.

Because we wanted to have a demo version of the game that could be unlocked, some sort of mechanism was required to do so. Torchlight does require an internet connection to activate, but once you have activated, an internet connection is no longer required. We have provided each purchase with a key that is good for 10 activations – more than most users would ever need – because we don’t want the system to be a burden on our customers. We’ll happily increase the activation count if you run out. You can use them on any computers you want. If you use them all up, you can contact us at customerservice@runicgames.com to reset them for you. If you purchase Torchlight from one of our partners, you will need to contact them regarding their DRM policy as they do use their own DRM software.
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PenutBrittle:
I wish they would have offered an alternate download that was DRM free and complete. But, I can understand why they would want to only have 1 type per shop.
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orcishgamer: Pre GOG version of Torchlight the only way to get that one DRM free was if you had a boxed copy.
Or through HIB.
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tinyE: They do use your key to identify your account. When I had some questions they asked for my key so they could use it to pull up my registration to make sure I was registered and thus qualified for tech support.
I'm actually OK with keys and using some form of authentification for customer support and online play. After all, when you are using those services you are taxing their resources directly and by buying the product you are covering the expenses you create through customer support and online play. What I'm not OK with is needing to authenticate just to install the game (or unlock the demo) and the reson they have given is total BS, even I could write an algorithm that verifies keys on its own, it's really no big deal.
http://en.wikipedia.org/wiki/Public-key_cryptography

The thing is, what do you do when Runic goes out of business and you've used up your activations? Of course Runic has no intentions to go out of business, no one has, but it still happens. Runic is a small company and basically relying on two games to survive.