The answer to that is: No.
Content Team even said that the idea of raising the max level of all skills would vastly change the game entirely. Think about 120 Strength or 120 Range? The whole combat triangle would be completely thrown off balance, especially since Magic is almost pointless after 99, unless there are even better spells...
And pleeease edit the first post if you're gonna post multiple times in a row >.<
~Hampy
heart PS - You can find a link to the Q&A session with the Content Team here:
http://www.youtube.com/watch?v=1yR_zQEOX7U