Changes

The [[D3 Team]] has confirmed that there will be magical, rare, and unique items in Diablo III. Set Items aren't in yet, but the team has said they're thinking about them. Runewords will not return in Diablo III, and Crafted items seem unlikely to return, though there will be some method to "craft" or create/customize items; it just won't involve a Horadric Cube-like object. There is also known to be at least one other type of item that's not yet been revealed.