I really Like the new System.
Regions are bigger, but each region has several Cities which can be specialized for a given focus, example a University or Religiouss College, Some type of Industry (Ironworks, textiles) or Luxury Buildings.
All of the Cities are not in a region at the start of the game, these evolve at given populations of the regions themselves, each region also has a region Capital which has more areas of development.
You win regions by taking the region Capital, but you can weaken regions (and the capital) by occupying region towns.
Much Fun.
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