At most I reckon it would have to be some temporary battle vehicle limited to certain zones and only for certain objectives. Nobody's going to grind to cap level and spend millions on super pimped-out gear only to find there's this permanent dino mount out there with a 9999 damage Chomp Attack.
I do like the concept though. Tired of walking around and can't fly? Go subdue yourself a faster ride for the trip home. Under water? Go club a manatee go for a ride.
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