I've been unsucessfuly searching for what Resistances actually affect in game.
Now that I've moved into Hell I am seeing more of them and was shocked to see physical resistance actually pop up as a random attribute but quite disappointed in it's actual mitigation.
I believe that it has been changed to a rating but i'm not sure what this rating affects.
Is this rating like dodge - a full miss chance.
Like armor - passive mitigation
Like damage reduction - the number is subtracted from the total damage taken of that type
The monks passive does apply to physical resistance as well as the magic resistances and I have seen items with ranged resistance listed on the website which I don't see listed anywhere on my character sheet.
If you know the answer or know of a thread that is talking about the "tanking" aspects of the game please point me in the right direction.