The free patch for PC, Xbox 360 and PlayStation 3 will raise the level cap to the hilarious number of 69 and, in the words of Gearbox CEO Randy Pitchford, "rebalance the original game around the level cap."
The level cap was previously raised to 61 in the paid downloadable content 'The Secret Armory of General Knoxx,' a move Pitchford explained Gearbox did not want to repeat otherwise "you'd have to buy every previous DLC" for the new cap and rebalancing.
The patch will apparently be released around the launch of Borderlands' DLC-packed Game of the Year edition, which is scheduled for October 12.
Another downloadable content pack, 'Claptrap's New Robot Revolution,' is also in the works. According to Game Informer, the $10 pack is due out on September 28.