brotkohl recently released the latest version of TorchCam (0.3a), an application that improves the flexibility of the camera in Torchlight. You can now zoom in and out, rotate the camera and even go into FPS mode!
The application works with the Runic version of Torchlight and the Steam version. Check out the video below to see TorchCam in action!
Check out the official forum thread for more information, download links and discussion about TorchCam.