It's very easy to prove to yourself that HeraldHenry isn't level 128 regardless of your main hand axe. Summon him with no axe equipped (or with a level 99 axe) and compare his stats to these.
The level 128 cap w/BA 5 and augmented gloves is a theoretical maximum that has no meaning until we get iLvl Axes higher than 119.Code:Level Accuracy Attack Evasion Defense 99 463 405 404 606 113 681 595 603 868 115 731 623 632 906 117 745 653 661 944 119 777 681 690 983