In the Kingdom versions Zewihanders are much more powerful than they were in Version 1.0.
Initial cost don't really matter, it's the upkeep that matters, and Zewihander has a significant lower upkeep as Flavius Merobaudes said, plus their two-handed sword looks really cool as Khaos38_2000 pointed out. But in Version 1.0 they'll get masscred by cavalry because of certain animation bugs.
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