Light will still be in the game too. Except now it determines how powerful you are.
There will also be "milestones" with faction rewards.
English
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Worded it wrongly. It's still called light level. But it's not tied to your gear anymore. It still calls the shots for attack and defense values. But that's it. Also that's a better phrasing for the faction stuff then I wrote.
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Don't forget that DeeJ also said to NOT dismantle any weapons you like.