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The great debate: Spells Slots vs. Magic Points
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Rules
I'm confused, the example doesn't really have to do with spell slots versus spell points. Maybe I'm misunderstanding though. The example has to deal with prepared spells and possibly casting rituals of unprepared spells (using 5r terminology because that's what I know).
There are no rituals in 2e, so if you didn't prepare something, you didn't have it until your next long rest. IIRC you also were much more restricted in the number of spells (and spell slots) you had access to.