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				Suicide Junkie said: 
Its no different from allowing more racial points in the game setup as far as I can see, except more work before you even start the game.  
			
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 More work, as in a couple more buttons to click during game creation:  Allow x Racial XPs; Equalize Races.
So, yes, in multiplayer games, it would be the same as just assigning more points.  But like I said, this is mostly a single player feature.  The difference here, as I said before, is it represents a reward that the game gives you rather than a "reward" that you give yourself.  This makes a big difference in terms of satisfaction.