I distinctly remember Water Pets having faster regen and poison resistance/immunity back in the day as well. I seem to recall the stuff about the different stats, too, but I'm less confident about that (I THINK I remember the Earth pet getting hit a bunch, but also hitting like a truck, and I have a very vague recollection of some Mages saying it wasn't worth putting a DS on the air pet because it didn't get hit enough).
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