Great mod Spanky. I have some suggestions for Tournaments.
Attach names to the Knights which show up in the Tournaments. I know at least some of them are persistent, and it would make it cooler if you could track that guy who unhorsed you last time. By extension, it would be cool if they had individual, persistent stats, levelled, retired, and showed up at lots of different events.
Some better rewards for winning tournaments would be cool too, especially if you win (or at least do well) at a tourney in which the respective king and his nobles have participated in. Maybe a brief conversation, a larger cash reward (say 500-1000 on top of the 200 + bets) and increased reputation with the king (assuming you're either neutral or aligned to that faction).
Also, and this is a pure fantasy request, stop the AI huddling around the walls of the Arena. When everything is in motion tourneys are beautiful, when the knights cluster on the walls it's just too easy.