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Is there a chance to lose all your enchantments when enchanting an item?
Having an uber-enchanted item become disenchanted was the most irritating aspect of Torchlight 1. After a quick Googling, I've found nothing that suggests Torchlight 2 has a disenchant chance and I've enchanted a few items up to 4 times without problems, but that doesn't necessarily mean anything.
Edit: Ahhhh... how funny this should happen. I decided to push the limit on this weapon one more time and now a message says "Max enchantments" in the enchantment window and I am not able to enchant the weapon further. I am guessing the guys at Runic realized their disenchant logic from the first game was a bit harsh and decided to implement a enchantment cap instead. Still, it's possible that there is a disenchant chance. Anyone who can confirm this and cite a source will get best answer.