Why do you all use xp at all?
It gives a precise measure of achievement in gamist play, that is play in which the main aim is to challenge the players. Players who have overcome tough challenges like to have some sort of marker, or badge of honour, like a medal. Traditionally in D&D, level ups, along with magic items, have been the means by which achievement is measured.Why do you all use xp at all?
Frodo was never a professional adventurer, did very poorly in combat, and never really got better at anything other than overcoming his fears. Note also that gold is still immensely useful, even without experience tied to it. I bet that everybody in the Fellowship would totally love to have some gold, but didn't stop for any because if they did, they would probably die painfully along with thousands of other people.It works for PCs who resemble sword and sorcery protagonists, such as Conan, but not high fantasy heroes such as Frodo or Sir Galahad.

(Dungeons & Dragons)
Rulebook featuring "high magic" options, including a host of new spells.