Seeing all of the legendary gear you get from people like the class vanguards or from The Speaker require level 20 has left me concerned that level 20 might be the cap. That just seems awfully low considering
1. How quickly you can climb ranks, and
2. How you only get three character slots. Personally, I would rather see a level cap of at least 50 or something. I also feel that only three character slots is too few. Perhaps these issues are already addressed in the full game, but I'm just making my opinion known.
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The level cap by using Xp is 20. But you can level up past that with [b]Motes of Light[/b]. Bungie is focusing more on a [b]Horizontal[/b] leveling up system than a vertical one.