what do you think about actually havin a dragon as a companion now? I think that is goin to be sweet
Per Todd's interview you can't actually have a dragon as a companion that will follow you but you can use a shout to call upon a dragon (that you have befriended in the MQ) to fight by your side. Once the enemies are defeated he will be gone until you use the shout again.
I hear that there's a cut scene that plays the entirety of "How to Train Your Dragon" before you can use said companion. If you try and skip it, the dragon turns on you.