I think it will be awesome too.
The progression of the mod will play out like this: Diplomacy Mod-> Base Modifications (Sod Warlords Modifications) -> World Map -> SOD Troops ->
Sod 4.12 Modifications -> Sod Gold Modifications -> Factions -> Population -> Buildings ->
Random Events -> Mercenaries -> New Troops & Weapons -> Multiplayer ->
Story Intro (Coming Out of Test Combatant Phase) -> Quests (Including Actual Story Based Invasion)
It is currently at the random event stage of the mod, and it will all take time. I've been stalking this thread since about July of 2012, so hopefully we will see major progress in the future.