Hey, Am new just found this game.. i just wonder if i play on the free version i can do whatever like the payguys do just not customize my character and such?? and what it mean with i just get 1X loot?

You get the base aomunt of loot, and the pay guys get twice as much. That is all that means.

And you can customize your character. In fact, there is little you can't do except lead a gang.

 Well ive waited 3 hours for a 3gig download and now I have to wait for a 600mb patch. When will this be put in the main download. 

That depends on your connection the server. I can't tell you how long it will be for you.

at least u can play for free^^