Bear form definitely impacts at least some factions - among other things, my Iksar shaman uses bear form to talk to the NRo barbarian vendors for alchemy reagents, and it works for a large number of other vendors as well. It's not perfect (I believe the NFP bards aren't fooled, though the rest are), but it's a huge help with faction issues once you get it, if you're playing an evil race. (I assume that barbarians would see little to no change.)
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