WOW!, VATAN ENGINE:Hmmm!.....Interesting Engine though....especially Exporters for Milkshape, Blender, Maya and Max.These features are a must on all Indie Engines...also the price is good.Based on the information available..it will not be a bad idea to check the Engine out @ $150...not that much difference with Torque Engine plus "VATAN" is more flexible in terms of exporting scene( I will have to hands-on with the Engine first to be sure "Licensing").
Another thing,cal3d has Milkshape and 3DS Max exporters...I think I am gonna try the Engine out and hope it's not a total waste of $$$ and time...just like many other Engines out there;but the name of the game in all these "Licensing Engine"is "you loose some and win some"!. VATAN seem promissing to me.
Thanks guys for the info.

Good lighting doesn't just happen,it's designed.