What are the big benefits of mounted combat? The main things I've noticed so far:
1. the obvious fact that you use the movement speed/methods of the mount which will nine times out of ten be an improvement over a PC
2. you gain their DR and resistances of the mount if it's better than the rider's but I assume for many PC's this won't change much
3. The rider decides if he or his mount takes damage- haven't crunched the numbers but I imagine this could be a significant hp sink for a player.
4. you gain the benefits of the mount's larger size, ie massive weapons you wield will knock over medium size creatures.
Is there anything I'm missing? It's not that I don't find the cumulative effects of all of these significant, it's just that our group is fresh from 3.5 and pathfinder and are used to massive damage output from mounted characters. Not that I mind the change, still I want to make sure I'm not missing anything...