On second thought, may i ask for confirmation from some others as well please.
http://gaming.wikia.com/wiki/Shaman_%28EQ%29
"Players starting new Ogre characters should consider putting 5 starting points into Agility to avoid the AC penalty for characters under 75agi. "
Now why would it say that if it was the TOTAL AGI that counted and not the natural, naked AGI?
Seems to me it is most probable it is the natural, naked AGI that counts toward the 75AGI limit for not getting the avoidance penalty.
I hope I am wrong tho as it would bother me thinking about my glorious offtanking capabilities to be slightly diminished, lol.