I played a test game against ACS at 36k. We agreed that he wouldn't use any Chevron upgrades, but I was permitted to (with what little money I had, I upgraded one archer unit LOL). It was a close enough battle, I did lose but the possibility of a victory was not nigh impossible.
I'm not sure what will happen if you bump it up to 40k and keep the current unit restrictions. I think you will find a lot more Hellenic factions upgrading their phalangites from medium-tier ones to elites or just buying more expensive heavy cavalry (for those that couldn't afford it).
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