You mak sense to newbie players but when you have beat the game several times and have played most of the classes new stuff starts sounding better and better. I know personally that Just one newly created item can improve the game by far just by the fact that you made it and its making a difference. I don't mean godlike abilities but little things are nice. My change was leather armor that was immune to level drain, a vampire killing ranger does a lot better with something like that.
PS: I can't wait for 3rd edition rules, I hate being limited by classes, abilities and races.
Have fun!
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Can an elf get a break anywhere these days?