Come one Heroes of Ruin 2!
I actually bought the 360 version of the first in that backwards-compatibility sale.
Torchlight 2 is a lot better with loot, in a similar vein to Borderlands 1 -> Borderlands 2. Not as good as Diablo 3 post-Loot 2.0, but still a very fun (if relatively somewhat casual) game for people not tethered to spreadsheets.