ELE (Experience Level Equivalent)Edit
Experience Level Equivalent (ELE), is simply the level of a character in relation to a character's experience. For example:
587,500 exp = ELE 50
The formula for calculating your ELE is (Xp + 162400)/15000 = ELE (Rounded Down).
See Experience for more information on Experience.
I saw a discussion in a forum somewhere recently and I thought it was a good way of categorising these "virtual" levels. Just a nice little method that seems more efficient :) . I'd like to see it being used by other sites as a more official way, if you like of describing virtual levels.
My GameSpot Profile.