This is of the singleplayer version, check it out! http://www.perfectworld.com/modules/e3_2009/swf/tl.swf

Edit: Well apparently the original video posted was a slip-up. This was pulled from www.runicgamesfansite.com :

Hey Everyone,

Glad you like the first movie... unfortunately its the wrong one! This was an early draft that somehow got posted by mistake. (I know because I was responsible for those temporary joke title screens, with "fate", "diabolical" and "mythical")

Expect a better version, hopefully today.

The second music track is indeed some of Uelmen's work. He's doing some fantastic stuff, as usual. It's great to be working with him again after so long...
 

Link above has been updated with the real video...enjoy!

More E3 video goodness of Torchlight.

www.youtube.com/watch