Now if you read the naming conventions in the MSDN for C# you will notice that it states that properties are always preferred over public and protected fields. I have even
Regarding fields vs. properties, I can think of two reasons for prefering properties in the public interface (protected is also public in the sense that someone else than just your class can see it).
Exposing properties gives you a way to hide the implementation. It also allows you to change the implementation without changing the code that uses it (e.g. if you decide to change the way data are stored in the class)
Many tools that work with classes using reflection only focus on properties (for example, I think that some libraries for serialization work this way). Using properties consistently makes it easier to use these standard .NET tools.
Regarding overheads:
If the getter/setter is the usual one line piece of code that simply reads/sets the value of a field, then the JIT should be able to inline the call, so there is no performance overhad.
Syntactical overhead is largely reduced when you're using automatically implemented properties (C# 3.0 and newer), so I don't think this is an issue:
protected int SomeProperty { get; set; }
In fact, this allows you to make for example set protected and get public very easily, so this can be even more elegant than using fields.