I use first person. That's how this game world was designed to be seen.
I use the "Default_Old" UI (planes of power-era UI) that comes with the titanium client. UIs are personal preference. I prefer Default_Old because of the vertical hotbutton bar and because I like black better than the blue of the modern Titanium UI. The default EQ interface requires so much customization to make it look presentable (it's such a disaster upon initial install!) that I doubt any two people have quite the same setup.
"Periscope view" wasn't uncommon in games from the 90's. The first MMOG I played, Air Warrior, used a similar arrangement. Using that sort of interface was an easy way to decrease the amount of screen space that had to render the 3D engine and consequently improved performance.
Keep that experience bar in the inventory. This is Everquest, not ProgressBarCraft!
Danth
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