[Nerfix]

The cons, on a quick glanse

- Red Dragon is rather redutant now
- The research bonus on Titaness is just crazy
- Moving Phoenix Power and Earthpower to pathlevel 3....wthex, this completely nullifies the purpose of those spells which bootstrapping Fire 2 and Earth 2 commanders to actually useful magic levels. Now they are there just to bring some slight boost to Falling Fires and Bladewind. But wait, with Dominions 3 research times and changes in the mod it's unlikely we'll see either spell in use ever anyway. Whee.
- Moving Lightning Bolt to Evocation 3 makes early game with Caelum feel like trying to piss blood up the wall.
- Bladewind costing a gem..........WTF. I'm sorry, but WTF. Umor, just make the spell have less effects or damage if it is too powerful but you just made earth utterly useless for combat. What are Agarthans and Ulm going to do in combat now? Or Marverni? Magma Bolts? Star Fires and Farstrike!? You have no idea how many nations you essentially invalidated with this move! Half the amount of the blades, make it do less damage or 99 fatigue instead of the 80 it was.
- Thunder Strike at research level 5? Uhhhh...no. Just make it less powerful if you feel it is too strong. It already has a fatigue cost of 80 so it's not terribly spammable.
- I don't like upping pathcosts for site search spells either
- Seven Year Fever, are you sure an AOE Disease spell that scales with power is a good idea?
- No Raise Skeletons at all?
- Abysians are still old
- ME Marignon has Lion TRibe Warrior instead of Friar in recruitable commanders

Pros

- I like most of the stuff you did to magic items
- Raven Guard Captain! I aprove
- Completely selfish, but I aprove cheaper sky titan pretenders, improved Slime and gemless ward spells

To put this all shortly, you were way, way too eager with the nerf stick but the mod does have interesting ideas. I know this sounds very harsh, but it's the way I feel as of now. I'll be following the development in future since CB for Dom 2 was good, but this one is way too radical as of now.