This was true between levels 71 and 75 Since then, pets come summoned with "era appropriate" gear. I had an EM 20 pet bug out and was able to loot the corpse... He came summoned with all of the gear I can summon, including a Haste Mask. Unless this was changed with TDS (which I doubt), they're coming summoned with the same gear that mages can summon for them.
It's well known that players on Firiona Vie server have the advantage of not having everything rot, but do pets there also have an advantage of equiping gear that would normally be flagged rot?
Heya Agrippa - No. They're still flagged as if they were raid gear or no-drop gear from a normal server. The 'rules' are many, and there are details that wander here and yon... i'll be happy to talk to you about it online. Bara/Dil