With the export_descr_unit available now, I went to check out those peasants to see why they were killing all the town militia and spear militias. Well, it seems that the only reason why they are annihilating those spears is simply because, they don't have the spear attribute. This means that the penalty to spears for fighting other infantry is very, very great, and while this may or may not be bad, it seems to make spears even more useless now given that they are completely incapable of holding back cavalry charges even when it is armoured sergeants 6 rows deep against mailed knights.
I don't see why there is a need to penalise spearmen against other infantry units as well, since they aren't exactly very cheap either. Swordsmen or axemen are generally more cost effective since they kill cavalry just fine with their higher attack or armour piercing capabilities, and they are also much more versatile since they are capable of destroying other infantry as well. I must admit that the total bonuses against cavalry are rather significant though, since they get bonuses from the spear attribute, and a further +8 to their attack against cavalry. Unfortunately, given that cavalry units have much lower defense stats now, and even less when you factor out the shield, which is pretty insignificant given that most units would be attacking the horses from the sides when they charge in, and from the back when they charge out. Therefore, there is no real need for such excessive bonuses against cavalry.
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