Crate Entertainment just put up a preorder page for Grim Dawn, their new action RPG built using the same tool set as Titan Quest. They are also asking for donations on the same page, which means my $48 Legendary Fan Edition purchase could very well be money pissed away on vapor, but I am ok with that. It's worth the chance for me to see another game by the developers of TQ, or at least the art director and lead designer. The game, at best, won't be out till 2011.
From what I can tell it's going to have be a little bit steam punk and a little bit post apocalyptic. Though supposedly "Grim Dawn won't be a burnt out, gray wasteland."
They also posted this on the FAQ for those wanting to donate*cough*preorder but hate not having easy access on steam:
To release on Steam, we must first submit a demo of the game for approval. It is hard to imagine that Grim Dawn wouldn't be approved but, of course, we can't say it is guaranteed at this point. Once approved, we believe it will be possible to work out a deal for existing pre-orders to be carried over to Steam as has been done with other indie developers such as Wolfire's Overgrowth: http://blog.wolfire.com/2009/02/overgrowth-faq/#q10 As I said though, we fully expect this will be the case but we obviously can't guarantee it until it happens.