When comparing Torque 2D MIT vs PlayMaker + Unity3D, the Slant community recommends Torque 2D MIT for most people. In the question“What are the best 2D game engines?” Torque 2D MIT is ranked 4th while PlayMaker + Unity3D is ranked 77th. The most important reason people chose Torque 2D MIT is:
Torque 2D gives developers complete access to the source code. This removes all barriers one may hit when trying to extend and/or customize the engine they are working with.
Specs
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Pros
Pro Extremely extendable and customizable
Torque 2D gives developers complete access to the source code. This removes all barriers one may hit when trying to extend and/or customize the engine they are working with.
Pro Cross platform
Torque 2D runs on Windows, OS X, iOS, Android, Linux, and Web.
Pro The scripting language is quite powerful
Torquescript is a fast and easy to use C++ like scripting language that ties all of the various elements of a project together. It supports a large complement of functions including math, physics, object manipulation, fileIO, and more. Torquescript features:
- Object-oriented programming
- Transparent interconnection with internal C++ objects
- Built-in fast 2D math (vectors, matrices, and quaternions with all corresponding functions)
- Well-documented standard library (hundreds of functions out-of-the box)
- Component system (aka Behaviors)
- Dynamic asset and module loading
Pro Highly performant
The engine utilizes a combination of batched rendering, asset management, and a module system that allows for high frame rates on all platforms.
Pro Box2D physics
Torque 2D MIT's utilizes Box2D for all physics calculations. Anyone with prior knowledge with Box2D by itself or through other engines can easily transfer their knowledge. Nearly all of the Box2D API is exposed to the scripting language, making it a quick process to port games to the engine without having to learn an entirely new system.
Pro Easy to use
You'll need to put more time in learning Unity + Playmaker compared to something like GameSalad. But once get the hang of it and familiarize yourself with what it's possible to build with them, it's quite easy to use.
Pro Provides access to a huge list of assets through Asset Store
For those developers who can't afford an artist, or aren't skilled enough to create their own art, Unity features an Asset Store full of a wide variety of free and paid assets that can be easily added to your game. The Asset Store has more than just music and art. It also has code and modules that can be added to your game such as unique lighting or GUI systems.
Pro Third party plugins support
A lot of third party plugins have support for Playmaker. Playmaker team also invest time to add support for a lot of third party plugins.

Pro Elegant state-based visual scripting
Instead of a single "if this then that" event list which can become very cluttered beyond the most basic behaviors, PlayMaker gives each object a list of states where only certain events are triggered, and performing an action also changes state.
This allows for a clean, simple visual representation which helps break complex logical structures into smaller pieces, making them easier to understand.

Pro Powerful
It basically can do same things as scripting in Unity.
Cons
Con Project seems to be abandoned
Seems to not be developed/supported anymore.
Con Lacking documentation
The engine documentation is incomplete. Not all of the engine API is fleshed out and the number of tutorials is pretty small. All current and future documentation effort is up to the community, via the Torque 2D MIT GitHub wiki.
Con Rentware
Con Comparatively high learning curve
Although C#, JavaScript, and Boo have extensive documentation available online, it could still be difficult to wrap your head around the library and Unity's component based system.
Con Limited tutorials
There are not a lot videos with Playmaker tutorials. Official text tutorials are also quite limited. Even not every action has a description on an official wiki.
Con Performance could be better for 2D
Performance can be a real issue with 2D games. Unity 3D is actually a 3D game engine, and drags a lot of overhead with it.
For mobile, one could never achieve the performance of more specialized 2D engines with Unity3D.
