Quote fromNo, no realocating skillpoints, it would drastically destroy replayability and where's the fun in playing Diablo with respecs anyways? Maybe one or two "realocatable" skillpoints given to the player via a succesfull quest.
I would say thats a bit extreme of a reaction.
Keep in mind we don't know anything about how the skills are balanced. Respecs in D2 wouldn't make much sense, but if the skills are different, then it might be needed.