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Theres a new article on spellborn on ign: http://rpgvault.ign.com/articles/685/685930p2.html
One of the most interesting things in it is the way character advancement is worked out. Basically, there will be a huge amount of abilities, that you seem to be able to gather in all kinds of different ways. Also, it is possible to extend your skilldeck above the 5 skills and 6 rows.
Too me this sounds like a great way to add character advancement past the levelcap. It would mean that you get stronger not because your abilities get better, but because you get more choices in strategy. Thus, while someone that has been at the level cap for months has advanced his character a lot, it wouldn't mean that he would always win from someone that has just got to the cap. In the end its still about who uses the best strategy
Also, one interesting thing said by a CM on the tcos forums is that while everyone can choose to use every item, some (or a lot) of abilities still rely on using certain items. For example, there will be abilities that can only be done if you have a sword equipped. The same probably counts for other weapons as well.