Another addition.  I log in to beta, tell the banker "beta buff me". 
 
Come back with my Mage epic. 
 
I went to Cobalt Scar and had my epic pet attack a level 40 Wyvern.  The wyvern did 50% dmg to the pet before the pet killed it. 
 
I am thinking there is something wrong with Mage pets ability to dps all mobs in Velious and there is something about Velious mobs having a lot of attack power.  
 
I can't confirm this for any other class only to mage pets. 
 
EDIT: 
 
This does NOT happen in old world nor Kunark.  There is an obvious difference in mitigation and attack regarding Velious mobs vs Mage Pets. 
		
		
		
		
		
		
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