The Power Attack comment was a question - I wasn't certain but I'll take this as PA does half damage in an off-hand with weapons. That + str does start to add up. I don't see it being overwhelming though.
I know nothing about wraps being that much faster. With 2 Monk you could use Wind stance for 7.5% attack speed but this will apply to Longswords too as a Ki weapon. On mine I originally wanted to use the 7.5% + melee alacrity but thought alacrity was enchantment but it's enhancement so does not stack with wind stance. I'm on ocean now for the defense since I'm stuck in PJ's. (PSM there, read the type of bonus first)
Ok, I'm straying off subject now but I don't see anywhere the wraps getting such a high attack speed bonus. I'm not saying they don't but while I was building my character I never saw any such thing in any rule.