Paul made it some months ago that the cut/armor soak nerfs that reduced the speed of melee combat (probably one of the reasons all ranged weapons double or triple the damage output of most melee classes) did NOT apply to throwing weapons, because famed cRPG cartoonist Cheapshot lobbied for it for months. By the time Paul buffed throwing, Cheapshot long abandoned the game. When I told him about it, he said "I don't believe you." and never logged in again, wasting his talents forever on shitty minecraft comics.
Throwing axes are some of the most OP shit in the game, bar none. Ridiculous damage output, especially when loomed. PT doesn't matter. Throwing damage should be reduced all across the board by at least a third, and accuracy needs to be MUCH lower.