Tip: also usable as single player, simply change the URL to http://warlight.net/SinglePlayer.aspx?TemplateID=151218
Don't forget to pay attention to the non-standard bonuses. Most are only -1 or +1 compared to the default values, but both Hawaii and Korea went from 0 to 2 and Japan went from 0 to 7! Also keep in mind each 6 territories are worth one additional army of income.
I only had time to play once, but so far I liked it. It's nice to play with non-standard settings sometimes.