Strategus is getting reset with a smaller map with less fiefs. Big changes to cRPG as well. Finally implementing the revised weapon hit boxes (i.e. if you swing and hit someone with your long bardiche who is 1 foot away, you'll do a weak blunt hit versus a strong cut hit). You can now piggy back people with your horse (which causes it to slow down pretty significantly, but still much faster than the guy running on foot). They've changed the way WM distributes WPF and a few other improvements in the way your attributes affect your skills, and since they've done this, they are going to give a free respec to everyone.
I came for the cookies, but stayed for the announcement.