thats what I was wondering. if its a flat rate for everyone or gear based
Its gear based. For example, if your in combat regen was something like 5 magic/sec naked, and you found some gear that would give you 100% additional regen, you'd have 10 magic/sec. Some advise though: If you have to pick between regen or a decrease in spell school costs, make sure to always take the latter. You'll never get enough +regen to ever make a difference in combat.