Great report, thanks! Funny, we did our first game Friday night! 4 of us, same teams as you did. After I explained the rules we started about 7:30, and played till 2am…. I love the game, but its long! As you said, a second play through should cut this down a bit.
i found a few things that we would like to change… but its only been one play. First, as you said, Switzerland needs a special rule, either have them worth 1 but produce 4 when they are hit, helping deter an attack or leave them out or force a player to pay 5 ipcs… etc. Second, as you also said, we all agreed, a Russian Revolution should count as one of the powers collapsing. It was the only capitol that sort of fell.
Also, we allowed a home rule that we alwasy use. Every country could put up to 2 infantry on any two spots that was a home country, just not together… this gave a little spice to Africa, Middle East, etc, otherwise no one could ever send anything past the front lines, it represented levies/askaris etc to us. It worked well.