So, just a random houserule:
Wizards (and other similar "book" casters) can't apply Metamagic on the fly. Instead, they can scribe metamagic versions of spells - this uses the same rules for scribing new spells, using the new, adjusted spell level. So rather than having the Extend Spell feat and just preparing/casting Extended Cat's Grace, you have to take the feat and then spend the time and money to scribe it before you can cast it.
However, this goes both ways - if your Wizard finds a scroll of Extended Cat's Grace, you can cast it even if you don't have the Extend Spell feat. Adding such a spell to your spellbook (or preparing it from someone else's) adds +5 to the Spellcraft DC to do so.
Taking a metamagic feat eliminates that +5 DC, lets you scribe your own enhanced spells, and lets you take a spell enhanced by that feat as one of the spells you gain automatically on level-up.