You cannot go past level 40. Light no longer affects your level. It affects the damage that you take and deal against enemies.
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So now we have a level , say 40. That level may allow up to access new gear/guns. The gear will have "light' properties that can further boost stats? T his is probably really straighforward once i see it but i liked the original idea of getting rid of light all together. I can't wait to see
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Thanks for letting me know, I was quite confused