Im gona have to say, against the others, that Graduated neutral density filters are an absolute must for slide photography.
Print film has a pretty wide lattitude and from my experience, you can go about 2 stops in either direction from a proper exposure and still get a good image out of it. Often times you will find that in a single shot, you can have a varience of 2 or more stops from the light to dark areas. \
Slide film is different. It has much less lattitude. therefore it is quite important to get even light through out all of your shot. Often what happens is the sky produces much more light then what you get on the ground. I have found from experience that even on a sunny day with sun behind you, there can be up to a full stop difference from the ground and the sky. To achieve good slide pics then, you have to find a way to even this light out. Graduated ND filters are split down the middle (for sky/ground)
This split allows full light to come in from the ground (or where ever is darkest in the picture) while restricting the light from the bright parts (or sky) This gives you the even shot which is critical in slide film.
As for systems, I think the Cokin Filter system is pretty nice. Its what i use and you can put several filters on the end of your camera and you are able to rotate them. Further more, with the ND filters on the Cokin system, the split doesnt have to be at exactly half the way down in the frame, it is adjustable.
The way i meter for a shot (I use Velvia 50 quite a bit) is that i expose for the ground by eleminating the sky from my shot then i go about 1/3 to 1/2 stop under this. (better color saturation) Then i meter the sky to see if i need to use an ND filter and if i do, which one. By pointing to the sky, my meter tells me how much brighter the sky is then the ground. I then compose my shot using the meter reading i got from metering only the ground (or bright part of the picture) and put in my ND filter.
as far as sharpness goes. thats a bunch of bunk. unless your putting 3 or 4 filters on your camera, your not gona notice the difference even when projecting the slide film on a rather large wall.
I personally use a graduated ND2 and Graduated ND4 filter when shooting slide.