Wolver armor gives piercing defense, but actual wolvers are weak to piercing.
Jelly armor gives sleep resist, but from what Walkon says, it seems like it should give a sleep weakness.
I understand why it's that way (for Wolver armor, at least), but it still seems a bit unusual...
You're right about the Wolver part. This has been pointed out many times over the years.
I don't know what Walkon says about sleep. Maybe you could explain more.