Originally Posted by JDR13 
Alternative Balancing has to be chosen at the start of a new game and can't be changed once you've started, correct?
That's right, you have to re-start the whole game when changing this setting, so it's something fundamental.
RE fighting wolves - have you tried the right click attack? It's a half swing that comes in handy to break the stun lock cycle.
I try to take out most things with the bow early on, coz you're just too weak to take much damage.