Good for you Salamandra, but it's not been proven either way.
To the other question, the numbers that are shown on your character sheet are the correct numbers you have, when you mouse-over you see the number, as it says, before diminishing returns.
However, we don't yet know how much if at all miss is affected by diminishing returns and since you can only see that from a mouse-over, calculating block cap might get a bit iffy.
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If it is weak, kill it before it gets stronger. If it is strong, weaken it.
