I guess it will be kind of like mtw then in that you can toss around various titles to various people as time goes on.I suppose if you were a monarchy. It would go something like this: You have a King/Queen. You might get only three in the whole game. (maybe less) You also have a Primeminister. Now the primeminister should last for four years to keep the game interesting. Each one has there own traits and all that stuff.
As for your side note, CA has stated multiple times that while some of there staff would like something more modern (as noted in interview that discussed 19th Century Total War game (1800-1900) they are nervous to get to modern do to the fact ww 2, and modern warfare have been highly redone and overdone.
I actually assume the expansion will cover the current time frame, the same way Kingdoms covered pretty much the time frame of MTW2 just more in depth.
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