Keenan, Aroy and I had a lovely discussion tonight about the HE's Dragon Armor special rule. So I looked up GW's FAQ...
EDIT :: The link I originally found was completely out of date. So that's awesome. You guys were right, Dragon Armor was nerfed to a 2++ ward save against breath/flaming attacks. So that should clear up any and all confusion lol.
Here's the link I found: http://www.games-workshop.com/MEDIA_CustomProductCatalog/m1610147a_FAQ_HighElves_V1_4.pdf
P.S. I do think it's interesting that the rules for Dragon Armor specifically states "the model and its mount have a 2+ ward save against Breath Weapons and Flaming Attacks." So if your lord's riding a Star Dragon and wearing Dragon Armor, then the dragon is also practically immune to breath/fire! Neato.