It depends if your on a pvp server.
If not a pvp server then I have found to have an alliance hunter, mage, other dps, kill every thing you tag. Horde char gets full exp for kill since damage was from other faction. I have not confirmed this still works but I used to have both my hunters help each other in outland on grp guests.
Hunter doing the quest would tag and make mob go gray. Hunter needing quest would then help kill. Hunter that taged always got full solo exp.
Reason I tried this I could not decide what char to lvl to 70 first Orc hunter (HWL) or Dwarf hunter (GM). Since both where very well geared i decided to play both at the same time. worked well. but you can not go into instances that way.
If you are starting on a new server then play all 5 at once.
If you have a lvl 70 Ice mage, then use 70 to run 4 chars though the instances as soon as they can get into the instance. much faster. 70 mage can clear instances alway up to lvl 50 in less than 15 mins per run.
exp at 35 with 5 in SM about 180-200 pe kill, with 70 mage killing all about 130-140 per kill. Mage clears all in 15 min. 5 man takes 45 mins.
Just my 2 cents
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