If they don't go multi-gen setup, then frankly I'll feel like I wasted my money. The Dynasty concept that was pitched by someone,. don't know who now, was the whole reason I purchased the game. If it was just more of the same, I'd have just stayed with Warband. And as for if they go 3 gen's, yeah, after 2, nearly every NPC noble in every faction is dead, all that remains in 3rd gen are the children of your children, and of the handful of nobles who had children at the beginning of game. So, its basically extremely empty. Since they have implemented death, the whole map can become a ghost town(world). I've seen entire cities/towns with no NPC notables to speak to because they all died of old age or something and since I'm assuming they dont procreate, nothing and no one replaced them.
It's kinda like a post-apocalyptic simulator scenario where war and a sudden lack of male fertility contributed to the eradication of the human species.