This is why I recommend Harder Monsters only, it just brings the general stats of the enemies up enough to be challenging and make the most of the special attacks and abilities everyone gets.
It just makes you take advantage of stuff you would normally just muscle out of using, like Dazzle (Blind) or defense buffing or consistent healing.
It is very rewarding and honestly not that hard if you play smart.
yeah i had both reduced xp and stronger monster and i dont think they gel well. kept just the stronger monster mod. i was curious about the townsfolk lie one but i was afraid it would severely harm my progress in the game specially remembering old dragon quest games where your only clue on a direction is this one random npc saying a line of text in random ass city