I'm pretty sure I read it somewhere that you will lose those pets. Either BRK or on the forums. It wouldnt make sense for that to be possible because then you might as well let everyone have an exotic pet.

It would be interesting to see how this is handled with dual spec. But thats probably a little further out anyway.

Yeah, I agree, it would make total sense (and only be fair) for you to lose the pet, but it could prove very painful if you wanted to juggle or respec upon hitting 80 or going into a raid/arena yadda yadda.. I almost wish that respeccing had a gold charge per refunded Talent Point so that you could, for example, right click talents to unlearn them as opposed to unlearning everything and essentially resetting (and in this case losing your pets).

Bbut yep, going to be interesting to see how this is handled. I know I will have to just spend carefully before initial taming. Hopefully the great Hunter minds such as BRK (and those that are of the same standing for other classes) will be providing some clear "sensible" talent point spending advice before next Tuesday. Aside from everything else, it would be a good chance to stimulate the class communities on how they view points should be spent effectively.

I'm rambling. /hush

You don't lose the pet. The pet is dismissed, and you have to go to the stables and pull out a non-exotic pet.