I am actually looking forward to the level cap being low. I am hoping that battle difficulty becomes less level based at that point and is more skill based. I hate finding enemies that you cannot put a dent in and then they proceed to one hit kill you because of level difference.
I hope the majority of the game is played at max level. I think the hunt for better loot is a much more thrilling concept than having to gain enough experience to gain a level to get more powerful.
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By that same logic It'll be nice not to be able to stroll through 90% of the world sticking to only the high level areas for a challenge.