Prior to start up the game pops up a window saying
"Your desktop resolution is currently set to 1280 X 720. The minimum supported resolution for Elemental: War of Magic is 1024 x 768..."
The bug being that 1280 x 720 is the resolution of my third monitor, the other two are both 1920 x 1080, so I assume it's either checking them all and complaining about the lowest, or for some reason only checking the third monitor.
After Clicking OK the game runs fine.
When you select enemy units you can see their move destinations.
Third Bug: (Which admittedly you already know about)
Factions can spawn Very close together, not just AI ones, I started a game with an AI one turns move distance away, which leads me to...
Having Sovereign's automatically moved out of cities after they have been constructed is a terrible idea. Whilst following an AI Sovereign I moved to where he was standing and in the same turn he built a city, meaning he was moved to an adjacent square and I conquered the city without trying.
Additionally I feel it would probably have been helpful to inform people to play as a Kingdom for their first game, what with the Empire buildings having next to no descriptive text.