Yes. Fenris is good looking and sprinting feels great. But like it's been already said, It seens off that I'm spending the same amount of Stamina on Light Armor that I am on the wolf set.

The armor loss is too big too. Obviously the armor loss should exist. But if I'm losing so much armor that I might die in 3 hits, then I'm not using it on the Plains.
By 3 hits, assume that at least one of them comes from a Deathsquito you didn't notice, so you end up dying from 2 hits. (Because you won't see the third coming at you).