Pack Rathound can be useful for low STR builds on characters that require carrying around lot of stuff and do not need too many feats too work. For high STR it is obviously rather useless. You can of course use Lifting Belt, Infused Pig Leather Boots and eat Pentapus Barbecue, but those things take up a slot for respective belt/boots and food, making you less effective in combat.
But yeah, Pack Rathound Specialization is quite bad.