I remember I was half way through Act 2 and I hadn't had a single death with my Engineer on veteran. I was proud. I then got killed 5 times by the same monster and a bunch more in that Genie's survival quest and now I end up dying fairly often, half of the time quite surprisingly. I think I have about 20 deaths now.
Its not as bad as Torchlight 1, which was either super easy or super hard but I don't feel anywhere near comfortable enough with the game or enemies to go hardcore. Veteran is fine for me at the moment, I like challenge and dying is a part of it - something would be wrong with an isometric ARPG if you didn't die, like, seriously wrong.
I'll enjoy looking forward to Elite but I think that is dependent on gear, which I'm fine with. My only gripe with dying is the hit boxes and the mouse-click lag, so if I'm attacking something and find myself outmatched I either carry on attacking the same monster even though I've clicked away or don't manage to click away to move but instead start attacking something else. That's probably my only major issue with the game since movement is so refined and necessary - its sort of a glaring area for me, in that it truly hinders not only your control of the character but the game experience itself.
Still, if I was meant to die, I probably should.