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The combat system is still being prepped and finalized.
So it's up in the air. I'd be more worried about players. I think even with monsters, I think you'll be able to take a few blows, but you are probably going to want a party if you tackle larger challenges... It also sounds like they will be doing something to prevent kiting from being a valid strategy.
I believe the OP posted in the wrong forum and meant this for the Path of Exile forum. He left the same post on the official PoE forums...
"I should point out that no other company has shipped out a beta on a disc before this." - Official Mortal Online Lead Community Moderator
Starvault's reponse to criticism related to having a handful of players as the official "test" team for a supposed MMO: "We've just have another 10ish folk kind enough to voulenteer added tot the test team" (SIC) This explains much about the state of the game :-)