Quests are darn good at higher levels. I wouldn't live without them. At lower levels, though, quests kinda suck.
I also believe the Ratman quest is a repeatable one, so if you've already done it once, it starts giving lower exp. Repetable quests always give very low exp. Try looking at how much exp you get from normal quests.
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We rode on the winds of the rising storm
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We danced among the lightning bolts
And tore the world asunder
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