Re: G'day mate... AGHHHHHHHHHH! (PEACH)
Nice adaptation from the d20 Modern Menace Manual.
I like the way you defined its drop ability. The original was a little too ambiguous on what exactly was considered pouncing. Giving the drop bear rage is also a nice touch. You might want to include Balance and Move Silently in its skill list.
"When the world recognizes good as good, it becomes evil." -Lao Tzu