dtgreene: A few questions about the experience bonus:
Does it apply on both sides or just Clouds?
It applies to both sides. Only experience from combat is doubled. When you get factual lv15, you lose EXP bonus.
There is not much use of it on Clouds though - best training grounds can increase your level only to 20, but before that you are usually 1-2 levels higher than what you'd be without XP bonus (which is a huge difference at low levels in MM4-5 ruleset)
Perhaps this buff was made to compensate for Darkside's difficulty spike (-> Armadillos' road) and lack of lv5 party (starting party level in MM5) in case players will want to do Darkside first.
If it applies to event experience, then clearing Dragon Tower at level 14 or earlier could give everyone 40 million experience, which is rather absurd. That combined with all the other experience you're getting is more than enough to level up your party to 50.
Tbh, experience isn't really limited in Clouds of Xeen at all. Warzone monsters give EXP, vampire town seems to be subject to respawn and there are machines which keep producing monsters (EXP) in Lord Xeen's Castle.