That is what makes the mount fun, it is unique in the fact that it makes you move slower and not faster. Despite it looking like a "waste" I have heard that people like it because it is a funny mount :D
I just loaded up the game and saw a sale for a "Throwback Thursday" of last years April Fools mount a Sloth that Reduces your movement speed by 40%.
What would be the purpose of this mount, to take even more time moving around the game world?
I think who would use this after a few moments of ultra-slow travel and not switch back to a regular mount.
I think a better April Fools would be a Sloth that moved quickly not as they typically would; slow.
I have yet to see one of these in the game world and for good reason no one would want to ride it for very long, ever.
KingsIsle, please do better than this, give us something worth spending money on in game.
Lol, but that's the whole point. It's an April Fool's mount and is supposed to be silly. I got mine because I knew they would be so adorable running around my houses when we get that ability. I have had to wait more than a year but it will be SO worth it. Besides you ride that mount when you just want to sight see and enjoy the environment. Just silliness.
I find it hilarious and allot of people I know love the Slowpoke Sloth mount, they usually use it when they aren't questing, think of it like a show-off mount, it may reduce speed, but it's super funny watching people run fast while I am trying to catch up XD.
Like Chrissy said (she beat me to it! ) that was really funny, WiseOne. Right up there with last year's testimonials - "the slowpoke sloth is perfect for the existential-leaning wizard [or pirate]" (or something like that).