KarinsDad said:"If the character is not a monk, she gains the AC and unarmed damage of a 5th-level monk."
"AC Bonus (Ex): When unarmored and unencumbered, the monk adds her Wisdom bonus (if any) to her AC. In addition, a monk gains a +1 bonus to AC at 5th level."
The +1 bonus to AC is not even the first point of the AC bonus mentioned in the Monk class. The Wisdom bonus is.
Caliban said:And I think that is actually two different AC bonuse abilities. One that is based off of Wisdom and one that is based off your monk class level. Similar and related abilities, but different on a game mechanic level.
I think the monks belt is referring to the second bonus, not the first. They just aren't clearly seperated out as different AC bonus abilities.
Crothian said:It is a badly designed item. Items shouldn't give a varible bonus for a set price.
KarinsDad said:Actually, the belt does not state AC bonus at all and hence your argument falls apart. There is no choice of one bonus or the other.
It states "AC of a 5th level Monk". Period.
Crystal clear.
No ambiguity. No exceptions.
Ambiguity is only added by ignoring what is written.
What is the "AC of a 5th level Monk"?
Crystal clear according to RAW. If you cannot make the case that the "AC of a 5th level Monk" does not include Wisdom bonus, you cannot make the case that the Monk's Belt does not include Wisdom bonus.
KarinsDad said:It does do that, but it also has a pretty heavy restriction at the same time. It indicates that you get the AC if you do not wear armor or use a shield. That's a pretty huge counterbalance.
AC 19 max, 13K, +3 leather armor and +2 shield
AC 16 max, 13K, Monk's Belt and 18 Wis and Owl's Wisdom
The lesser AC one requires an 18 Wisdom and a spell to get 3 less AC.
This does not sound unbalanced.
Well, sure it can. But, Druids have a hard time getting an Armor (or shield) bonus without wearing armor (or using a shield). Wizards do not.
Crothian said:Except that same Monk Belt grows in bonus over time as the wisdom increases. The armor and shield do not. So, when the Wisdom hits 30 the items starts becoming pretty darn good. I also don't like how it helps out some characters more then others based on their attrubute score. Place the armor and any character, it does the exact same thing. The belt on the other hand provides a difference bonus to different people, but at the same price.
KarinsDad said:What is the "AC of a 5th level Monk"?
Caliban said:Well, one possibility is the +1 AC bonus indicated for a 5th level monk on Table 3-10 of the PHB, under the column labeled "AC Bonus". I think the belt is referring to that AC bonus (and that is another reason why I think they are supposed to be two different AC bonus abilities).
You think it is referring to the more general AC bonus. You may very well be right, but I'm going to stick with my ruling until I see something official one way or the other.

(Dungeons & Dragons)
Rulebook featuring "high magic" options, including a host of new spells.