Add flying in Pandaria for 85 and above.
Reduce the experience needed for each level.
Add flying AND reduce the experience needed.
Don't change the leveling at all.
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I don't mind being forced to ground mounts on my first toon through a new expansions continent, but I liked how they did it in WOTLK, where you could buy a tome of flying for your alts, I certainly think it's a middle ground that would make many players gametime a little less frustrating!
I'd like to have a buff with grants +% XP based on how many level 90 characters are on the same account, e.g. +10% for one lvl 90 char, +20% for two and so on.
There are reasons that WOW is not attracting enough new players to replace those that leave and a long drawn out levelling process is part of them.
In my opinion, they either need to make the repetition more "fun," less repetitive in some way, and, for me, flight would achieve that much better than a flat experience-needed nerf. Flight would make it easier to cherry-pick out of the way quest hubs that you may not have completed on other characters, for example.
Honestly, MoP leveling to me kinda feels like it would barely benefit from flying mounts. It seems like most quests are a few hundred feet from the giver, and a lot of quest hubs require you to kill/loot basically everything in an area so there's no real need to 'avoid' agroing anything. It might equate to a 5% time savings, if that, whereas Lich King had quests and geography that were far more punishing to ground mounts.
At this point, I've got 4 90's and two 85's that I got a few bars on before saying "no way" to another run through Pandaria. I guess I'm kinda in the middle of those who say it's no big deal and those who say it's so annoying it hampers enjoyment of the game. In the end I have to support an exp reduction. If you don't like it, you have every right to continue questing at 90 and get extra gold, so even those who love Pandaria leveling actually get a minor buff out of it. If you hate the leveling, you'll save hours off what it originally was. It's really win-win. It's true that the leveling isn't the end of the world, but it definitely burns you out after a few passes; a 25% reduction might just inspire me to finally level my mage and monk.
I think the no flying till max lvl policy is a good thing, since the aspect of flying has been way too convenient as a way of travelling. While I agree that alts should get it easier to level with the more you have, flying at lvl 85 is not the way to do it.
Though, I think once the next expansion gets out and we finally leave Pandaria, flying at lvl 85 should be implemented, simply because it should be consistent with previous expansions.
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A good solution would be to attach pandaria flying to 5x90 achievement and flying from level 1 to something like 9x90 in addition to bonus experience (and rep) per alt.
I'd say drop the xp down. I'd like to be able to skip Dread Waste altogether tbh.
Blizz will allow flying of alts soon enough. Probably with 5.3. They did this change part way through WotLK too, and I think it made sense. Once you are part way through an expansion, a lot of the leveling is for alts with whom you want to raid with. I don't see the benefit to forcing people to stay on the ground anymore.
It's not like flying makes that much of a difference other than traveling from quest hub to quest hub. There were not very many instances (while leveling) where you had to fight your way through mobs which were not part of a quest. /shrug.
My only complaint about MoP leveling is that Townlong(I do like hunting down the sha with the shado-pan but it shouldn't have taken the majority of the zone) and Dread Wastes were too linear, Dread Wastes feels like you are forced to finish the entire zone for the klaxxi rep just like therazane. other than that I've leveled 6 through pandaria so far and enjoyed it.
In terms of the flight in pandaria thing, I don't mind taking longer I get to use my rare land mounts that I like(who really never see the light of day, poor things). I think it is needless to say they will change it after MoP so if you don't like it..well at least your future alts won't have to be there for so long I guess.
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The no flying isn't really what is bothering me, what is bothering me is how much experience you need per level. I'm at 14 level 90's now, and planning to finally level a monk and a shaman soon, but I just can't put my mind to level anymore due the amount of experience needed. The quests are fun the first two times, but after that it just becomes boring and even annoying.