Well, ok, there are only a few horse archer units in the game. But the horse-missile units (like the Mounted Tribal Auxilary) have returned to RTW effectiveness in 1.4. In 1.3, they couldn't reload or fire while moving, and their skirmish didn't work too good (they'd watch as a melee unit slammed into them). Now, the horse-missile units reload and fire on the move, and they skirmish really well!
I haven't seen if they'll skirmish away from line infantry that are about to shoot them, but against the natives of America, they are quite effective. I doubt they'll hold up against an army full of line infantry, but that's part of the historical reason for the downfall of horse-missile units anyway.
But I'm a very happy camper. I loved Horse Archers in RTW, and was sorely disappointed to play with them in 1.3 and find they weren't fighting like I remember. But 1.4 has them back up to RTW snuff, and they're fun to use!
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