0.17 is the same as 1/6.
PLR doesnt work on rabies? Thats news to me. Anyway there's 1 rabies druid on my server and I don't think he has ever killed a single decent LLD.
I just did the calc and the highest Rabies you can get with a +5 pelt is 5168-5525. (assuming you don't use sigons shield) So, even if you have prefect gear you'll do a whopping 220 damage applied over 12 seconds - assuming that they let you run right next to them and swing.
Compare your 5k damage to the 3k damage of a fireball sorc. Now, they can also tele, have es, have instantaneous damage, can hit you multiple times from 2 screens away within the matter of seconds.
Rabies just doesn't work. It's a fun pub killer though.