It certainly has some nice options there but going from 2 hours per paladin level to 1 round per paladin level changes it from an all day companion to a single battle buff at best.
It only has a land speed and moves slowly at that, large scale or tactical battles with a lot of movement will render it fairly useless. If it cannot be made to jump then it may not even be able to get around a battlefield at all. Line of sight can be blocked in so many ways as well that the effect might not even last a full round.
I like the idea behind it, especially for games where a mount would be impracticle, but I would definately hesitate to get this option.
It only has a land speed and moves slowly at that, large scale or tactical battles with a lot of movement will render it fairly useless. If it cannot be made to jump then it may not even be able to get around a battlefield at all. Line of sight can be blocked in so many ways as well that the effect might not even last a full round.
I like the idea behind it, especially for games where a mount would be impracticle, but I would definately hesitate to get this option.