Quote Originally Posted by Necroticplague View Post
The idea that magic shouldn't be special comes before slots. Slots are only needed if magic stuff is so common that you can get crap that starts overlapping with each other.
No, the idea that magic shouldn't be special comes from the idea that the characters aren't. Frodo was special, so he walked around with the full Christmas tree in a comparatively magic-poor world and no one bats an eye.

The difference between magic items being special or everyday comes from the DM's description, not from the number of slots the PCs have filled out.