This is not the best game i ever played, just decent. While it offers a large amount of content, there is still something missing.
Well, what is good:

Many different nations to play, and this is not orcs, dwarves and other elves we already seen in hundreds of other games. This is unique nations, mainly based on humans, with their own history.
You can create your own nation and choose its strengths and weaknesses, i especially love this aspect of game.
There is a constructor of units, you can create your own troops - arm soldiers with different weapons and armor, give them abilites and perks, this is quite complex system which offers a lot of tactics.

Lot of different technologies to research, separated in three groups: economy, warfare and magic. You need to build cities carefully and specialise them, city focused on training troops is very different from city focused on research.
Exploring of map is good too, there is different quests you may find as well as lot of treasures and monsters roaming around. Hiring heroes and developing them are important, in fact first part of the game, where you explore the map, hire heroes, locate resources and fight wildlife is the best part of the game. It is really good.

Resource management is simple and logical. There is resource spots on map and you need to build cities or outposts to control this spots. For example, if you have an iron mine, it will provide some iron each turn and you can spend this iron on units with iron equipment. And so on.

Well, it sounds like perfect game, but there is several moments that can not let me call Fallen Enchantress "perfect".

First of all, there is very weak AI. Almost non-existent. AI nations are very passive, they can not offer a challenge. AI can not use all possibilities that game offers. And if you decide to increase difficulty level, AI will just have extra resources and bonuses. This is simply not interesting.
You ask about balance? There is some issues with balance, it will take some time to explain this problems anyway... they exist, balance is not perfect at all.

Diplomacy is plain and simple. If your nation are weak then AI will declare war on you. If your nation is strong then AI will not declare war on you. That is all. Of course, there is pacts, alliances and trade treaties, but i do not think there is much benefit from this.

As for quests. In general, they all fit in simple formula "go somewhere, find something and maybe kill someone in process". But, to be honest, it is hard for me to invent something different so, well, quests are OK.
Boss fights become disappointment for me. From very start, game told me a scary story about "big, giant, enormously huge dragon that is extremely powerful". Well, alright, i methodically gathered all my best troops and cautiously approached to boss domain, ready to retreat in any moment. There i saw a dragon and, well, my archers shot him and my pikemen poked him. Dragon died. That was all. It was not the epic battle i expected for...

Pace of game is very slow. Really slow. You can find yourself not playing but just pressing one button - "end turn", waiting for something to happen. Yes, you can regulate the pace of game, but even on fast speed it seems slow for me.
I did not finished any games i started in Fallen Enchantress. Because when you have a powerful army and strong economy, there is nothing that can stop you. It is simply not interesting. I can conquer all map and resistance is futile... preparations for war is much more interesting than war itself. And it was a huge disappointment for me because complex system of troop creation is really good and combat system are well designed.

Last drop is multiplayer. I mean there is no multiplayer. You want to proof your friend that your strategy and tactics are superior? Not in this game, unfortunately.

Well. Can i recommend this game? Yes and no. If you love to slowly and carefully build your Glorious Empire in fantastic world - this game is just about it. But if you want challenge from AI or want to play with friends - this is not good choice, try to check Dominions or Age of Wonders.

For me game is good enough, i will play it from time to time.

This is not the best game i ever played, just decent. While it offers a large amount of content, there is still something missing. Well, what is good: Many different nations to play, and this is not orcs, dwarves and other elves we already seen in hundreds of other games. This is unique nations, mainly based on humans, with their own history. You can create your own nation and choose its strengths and weaknesses, i especially love this aspect of game. There is a constructor of units, you can create your own troops - arm soldiers with different weapons and armor, give them abilites and perks, this is quite complex system which offers a lot of tactics. Lot of different technologies to research, separated in three groups: economy, warfare and magic. You need to build cities carefully and specialise them, city focused on training troops is very different from city focused on research. Exploring of map is good too, there is different quests you may find as well as lot of treasures and monsters roaming around. Hiring heroes and developing them are important, in fact first part of the game, where you explore the map, hire heroes, locate resources and fight wildlife is the best part of the game. It is really good. Resource management is simple and logical. There is resource spots on map and you need to build cities or outposts to control this spots. For example, if you have an iron mine, it will provide some iron each turn and you can spend this iron on units with iron equipment. And so on. Well, it sounds like perfect game, but there is several moments that can not let me call Fallen Enchantress "perfect". First of all, there is very weak AI. Almost non-existent. AI nations are very passive, they can not offer a challenge. AI can not use all possibilities that game offers. And if you decide to increase difficulty level, AI will just have extra resources and bonuses. This is simply not interesting. You ask about balance? There is some issues with balance, it will take some time to explain this problems anyway... they exist, balance is not perfect at all. Diplomacy is plain and simple. If your nation are weak then AI will declare war on you. If your nation is strong then AI will not declare war on you. That is all. Of course, there is pacts, alliances and trade treaties, but i do not think there is much benefit from this. As for quests. In general, they all fit in simple formula "go somewhere, find something and maybe kill someone in process". But, to be honest, it is hard for me to invent something different so, well, quests are OK. Boss fights become disappointment for me. From very start, game told me a scary story about "big, giant, enormously huge dragon that is extremely powerful". Well, alright, i methodically gathered all my best troops and cautiously approached to boss domain, ready to retreat in any moment. There i saw a dragon and, well, my archers shot him and my pikemen poked him. Dragon died. That was all. It was not the epic battle i expected for... Pace of game is very slow. Really slow. You can find yourself not playing but just pressing one button - "end turn", waiting for something to happen. Yes, you can regulate the pace of game, but even on fast speed it seems slow for me. I did not finished any games i started in Fallen Enchantress. Because when you have a powerful army and strong economy, there is nothing that can stop you. It is simply not interesting. I can conquer all map and resistance is futile... preparations for war is much more interesting than war itself. And it was a huge disappointment for me because complex system of troop creation is really good and combat system are well designed. Last drop is multiplayer. I mean there is no multiplayer. You want to proof your friend that your strategy and tactics are superior? Not in this game, unfortunately. Well. Can i recommend this game? Yes and no. If you love to slowly and carefully build your Glorious Empire in fantastic world - this game is just about it. But if you want challenge from AI or want to play with friends - this is not good choice, try to check Dominions or Age of Wonders. For me game is good enough, i will play it from time to time.