Level Scaling Option Question

Can we get some official clarification on the level scaling option (classic vs legendary) for mass effect 1 in the legendary edition?  Do you get the same amount of talent points ultimately either way by the time you hit level cap? Is it possible either way to hit level cap in a single play through?  Does hitting max in either count as max level for import into mass effect 2?  Seems to be a lot of confusion about this option out there and a lot of people wondering if there is a meaningful difference between the two options.  Thanks!