Yes, I agree that cavalry is overpowered in vanilla RTW. I'd recommend you try Rome Total Realism - they weaken light cavalry a fair bit. I think it gets cavalry back to the kind of power it had in MTW. This particularly affects the Romans, as they lose their fictious but extremely powerful "legionnary cavalry". Nonetheless, cavalry can still be very strong in RTR - horse archers and javelin cavalry are good and recently I have been marvelling at the power of Companion bodyguards.
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