Well, i can't see Ifalna (or Lucrecia for that matter) leading a war party.

But I'll make her Gast's wife. Thanks for some of the Wutai names, got the rest though.
Think Grimoire Valentine was alive back then?
For a second I though you meant mounted snipers. 
Let's do it!
I know this is incorrect but:

It's really cool!
Currently using this:
As for Wutai's banner, i was thinking this
vertically and some sort of design to it of course.
It means independence, which was Wutai's reason to fight ShinRa.
Edit: Updated the OP. (link fixed)
Because of the mod size, i will probably do patches rather than full uploads in the future.
Update:
I have patched some the listed bugs (haven't figured out how to specify the travel option to a specific town yet) and currently rewriting the character creation.
Will upload a patch soon.
Update: Patch uploaded.
I will finish the map first of all (first impression), making more map icons like the golden saucer and fort condor. But i still need someone to texture them, or i'll need to learn to do it.
Which will probably either either take some time or demoralize me.
(Why so silent? Major disappointment?)
As for masamune and the buster sword, i think they should have pretty high requirements. Masamune requiring ~15 agility, while buster sword requires ~15 strength
A mistake was made with the last patch and things were missed. I will reupload a fixed patch.