IIRC that list is misleading.
My recollection is that hybrids *require* 40% more exp to level instead of gaining 40% less.
Gaining 40% less would require hybrids to get 67% more exp than, say, a shaman (0% mod) to level.
I also recall race/class penalties being multiplicative - that is, a Troll SK requires 1.68x normal exp (1.4 * 1.2) for being both a Troll and a Shadowknight. This is opposed to the additive case where they require 1.6x (+40% +20%).
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