Crate Entertainment is a company made up of the old Iron Lore team that worked on Titan Quest, arguably the most popular of the Diablo clones to come out in the past few years. Crate has finally announced its latest project, and it's Grim Dawn, another action RPG (it even namedrops Diablo in the description) set in the world of Cairn, where two forces have "decimated human civiliation" and are "warping the very fabric of reality." Sounds appropriately epic, though as long as there's plenty of loot, we're not too bothered.
Five classes? Check. Skill trees? Check. A crafting system and co-op multiplayer? Check and check. Considering that even the same Titan Quest engine and toolset are being used, Grim Dawn doesn't sound too far off the hack-and-slash loot-hunting reservation. But that's not a bad thing -- we'll have to see if it plans to mix up the tried-and-true formula as it moves toward a planned digital release in 2011.