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They are definitely based on attack speed. If you have the same dps, but make the swing take twice as long, your base damage doubles. Shred, mangle, and ravage give % modifiers to base damage. 2.0 swing speed would make for huge specials unless the modifiers were changed.
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Ah, true. That wouldn't be so hard though, but it does point to dire cat likely not having any weapon speed modification.