[Kristoffer O]

For instance, R'lyeh's Kraken is described as "having become adept with magic over the millenia, and he is a versatile mage". This, for a pretender with 40 point magic paths, and no innate magic. Equally bad with all magic doesn't seem versatile to me.

Thats incredibly versatile. We didn't force you to choose any path by giving the kraken a starting value . And the kraken has become magically adept, unless you choose to diminish his might by not giving him enough magic to fit the description.