An upcoming title update to Borderlands
will finally bring in an often requested alterations to the games base code. The planned update will increase the games level cap and rebalance the game mechanics accordingly to incorporate the higher levels.
Speaking live at PAX and reported by Joystiq
Randy Pitchford (Gearbox CEO) outlined it in black and white:
[There will be a] free update to Borderlands that will both rebalance the original game around the level cap and increase the level cap for everyone.
Pitchford then went on to detail that the level cap would be increased from the existing sixty one to sixty nine and that we could expect to receive the free title update around October 12th