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Check out the v.244 Punch King Palooza Patch Notes here!
I think the new familiar system is actually great
it could use a few tweaks but overall it is a great addition
finally we are able to change familiar's names for a meso fee this has been something i have been wanting for ages
and with this system even low level familiars that used to be garbage are actually worth enough that new players or aspiring merchants can sell them to start building funds
hunting familiars before was fun, but now theres a lot more value in collecting them