After much research, yes, there are cheats, however they weren't added to the final game ( along with many cool things like dual-wielding ). There is, however, a better solution.

If you extract the 'data.dat' file ( it's a common .zip ) you'll find some cheat scripts, but there's no way of activating them ingame. A German group spoke of a console, but no one as been able to find one.

However, once you've extracted the data.dat files ( simply having the 'data' folder in the game directory will be enough and you can simply delete/backup the original data.dat ) you can modify a lot of different parameters such as the amount of damage you gain for the "ST" attribute, to the availability of more rare item parameters ( for example: ring 'of Fiery Death' or 'Lava Burn' ) to the amount of experience needed for each level, the amount of skill points, the starting gold, racials, etc, etc.

You can also build a premade character using some of the other pre-existing characters as a template adding as many traits/racials/items as you wish.