A little post on pet loyalty, happiness, and how the pet talent points are awarded to spend....

Now loyalty is another matter. When you first successfully tame a pet, it's at its lowest loyalty and happiness. Loyalty comes in Rebellious, Unruly, Submissive, Dependable, Faithful, and Man's Best Friend (your dog would be jealous). Higher level pets gain more training points from loyalty compared with lower level pets.

Training points are much like skill points only for pets. Pet skills are acquired and level through training points. Pet skills have several ranks, you can choose not to use some but it will cost the same as if you did. Skills are divided into two types: passive (resistance, armor) and active (only a maximum of four - bite, rake). Respeccing the pet would require going to a pet trainer - just like you would go to a trainer to respecc your character.