True
True also.
No, this is RQ 2. For RQ III, you only have 150% AP.
No, the iron only add 3 points on the 43. Let's say he has no iron and count 40 points. In that case, the shield, and thus the parry, counts for almost half of the points, which furthers my point.
IIRC, on a critical, you don't substract the protection afforded by spells 5they don't have weak spots). We ruled that enchantments don't have neither, but without that, he still has 34 AP with parry, which is enough.
On this, we agree, Dodge gets better against critical, but this becomes significant at higher levels than the 'easy ones' you've cited.
The real gain of dodge is that once you've started to dodge, you can continue to dodge all attacks from the same attacker.
Runequestement votre,
Kloster