I think I like the current research system but after playing MOO2 last night I see I like theirs better even though they very similar. The two things that I like about their system are:
1) When researching you pick the exact tech you are researching and then wait for research to complete. In yours you pick the actual tech at the end. Picking before makes more sense and also makes people think a bit more. For instance you pick weapons to research and then bump into an army that is very resistant to piercing which is currently your best weapon. Now you choose blunt weapons (battle hammers or something) instead of choosing plate mail like you originally thought you would. It's a small change but makes more sense and feels better in my opinion.
2) MOO2 has a small random factor to the research. I just think it's a nice touch and again makes research feel more real. Plus it keeps you on your toes a bit more. All good things in my opinion.
