Ok, this will not be a fully blown AAR, just a view on the phenomenal mod so far.
I started as HE (VH/VH) and managed to defend Imladris. I was kinda slow to realize that Imladris is the capital and that I'm missing out on heaps of money. Anyway, while defending Imladris I also attacked Isengard and defeated it with Rohan's help. The bastards (Rohan) managed to snatch the citadel though.
Anyway, things started rolling in the right direction fast, the goodies allied all over, OotMM and those other Orc faction were destroyed by me and Dwarves. Even Arnor got reforged. Silvans and Dale were beating the crap out of Rhun and started gnawing on Mordor. Only Gondor has bitten the dust but Rohan seemed to have taken its place quite well. It seemed almost boring, we'd triumph soon. The ring was found by my general and he and others were sent with two full stacks to destroy it.
Than things got messy.
Dwarves decided they were trapped (or something) and declared war on the Silvans. Soon Dale did the same! Naturally I kept my alliance with fellow elves.
I got to the Black Gate and... screwed up. My forces were going to take the damn castle but I had no ladders, just catapults. As I was manoeuvring them to destroy the inner ring, the balista towers destroyed all of them! With all the army inside the castle... I didn't know that you will loose everybody inside the castle! So... my great army vanished and the ring is waiting to be found again (I guess, otherwise Mordor has it).
Goodies are fighting all over and it seems as though I am the only one who notices that formerly formidable Rohan is on the loosing side with Harad and Mordor. I retook Isengard but I might have a hard time keeping it because colonies around Moria are all threatened.
Mordor is sending stacks and stacks against us and the goodies just don't seem to grasp the seriousness of the situation. My expeditionary two-stacks force up the Anduin proved insufficient and got slowly ground and I lost both Osgiliaths. And I barely saved one of my best generals, lost two.
This is where I'm at. Unsure whether Mordor has the ring and what that would mean, goodies fighting each other and me being the only one concentrating on saving Rohan and fighting Mordor.