The Chimera
I failed at naming her. Eventually I remembered to name her Spot. EchnidnaJr is what I named my purple one.
In order to properly do this review, I un-glyphed lesser proportion. I also had some Kibbler's bits on hand... because the great thing about this pet is how huge it is... and one of the awful things about this pet is how huge it is.
It's an awesome looking pet. I mean look at it!

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The good.
- Model - it's beautiful. Big wings, two heads, 3 horns.
- Skin - very pretty... Blue and white are soft on the eyes...

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though under bestial wrath, it goes PINK.

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- Animations - Really neat frosty blue fire breath!

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And frosty lightening shock treatment!

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- Sound effects - Well... the monster noises are awesome (Grr, caw, <lightening zot>, <frost breath swoooooosh)). But... as with all winged pets... there is the ever constant Flap.... Flap.... Flap.... Not so awesome.
- Tanking ability - meh - i am biased and love only turtles for tanking. I like bears almost as much. Spot was fine with single target normals. I wouldn't take on Problim with her without additional DPS or anything. Or a large number of undead... whoops - maybe i should put on actual armor.

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- DPS output - decent - cunning pets tend to make up for any dps gap w/ferocity by enabling you do do more dps via extra focus.
- Pet family abilities - The slow and AOE attack make it good for both PVP and PVE.
- Utility
PVP. If I PVPed, this would be my favorite pet for doing it (or chimeras in general). Why? Because look at them. They are huge. I like sending the monstrously huge chimera out to kill/hurt/slow things. They would be good to help slow things if you are kiting (PVE even for there) or chasing.
However.
They are huge. Look at them. Imagine you are a tank or melee dps. and this honking thing is between you and being able to target something.
I mean here is me trying to skin
Bad pet! Go over there so I can skin.

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Here is me trying to interact with an NPC

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I remember when I first got topped out in BM, i was so excited and tamed a chimera. It was awesome. I took it thru half an instance before my tank begged me to replace it with something else. This was a blue and white one, i think. Even with that, I flew around Netherstorm every now and again looking for Nuramoc because Chimera's are so awesome looking. and rarely, during holidays, I PVP.
On the other hand, I took my big two headed pet with me to kill Ahune yesterday, and while one of the melee dps said eeeeek, the tank said "I don't mind, Tidy Plates!" Which is an add on I guess (I don't melee... ever). So you can group with the big flappy, but ask your tank if he or she minds first.