What does Character Marked as Cheater mean in Torchlight? The Console, its Consequences and Effects

If you have thought about using the console in Torchlight, you have probably noticed that it might label your character as a cheater. You may have wondered, what does this do? It is basically the developers’ way of discouraging improper use of the game Torchlight is a really entertaining gameconsole. All that being marked as a cheater does is disable the shared item stash for that character. While this may be annoying, it isn’t really the end of the world.