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With profession specialties (i.e. elixir master, transmute master) going away, will we be able to get the benefits from both specializations, such as extra pots/flasks and extra transmutes or are they getting rid of the bonuses?
Well it doesn't really matter because for example blacksmithing: armorsmith and weaponsmith (can spec in hammer, sword or maces even further). They only go up to level 70 so unless you want to twink out at 70 or something it makes no difference.