I've noticed sometimes the damage I take is not really reduced while I have Corrosive Armor up. More importantly though I've noticed I'm not actually getting any more penetration, pre-DB DLC I could use CA to cut through tanky builds like butter for 10s. Since the release of DB DLC, my attacks appear to being no more damage with CA than without it. Also the scaling of poison damage from the Dot looks like its getting mitigated by armor as well, and does literally no more damage than it did when it was fire damage.
Legendary Archer of Valenwood
Bosmer Dragon Knight Archer. XBox One. (Flawless Conqueror Bow/Bow)
Bosmer Nightblade Archer. Xbox One. (Flawless Conqueror Bow/Bow)
Bosmer Sorcerer Archer. Xbox One. (Flawless Conqueror Bow/Bow)
Bosmer Warden Archer. Xbox One. (Flawless Conqueror Bow/Bow)
Templar's are evil..