The experience penalty for class is removed completely in Velious.
Besides, I think it has more to do with class balance. In many ways monks are just flat out better than pally/sk/rangers. If you want to incentivize playing a hybrid, you need to address the massive morale hit many of them get in their 30's and 40's when they watch monks out-dps, out-tank, out-pull, and out-solo them. Then again monks being godmode is completely classic.
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