Yes, since we now know that there will only be humans as a playable race, I really hope that they add the other races in an expansion. And hope that not having elves, orcs, goblins and the like will not detract from the gameplay. Or that we have great modders who can add the said races and have them accepted as Canon. I am really excited about the modding possibilities this game is likely to offer

The "History of the Runestaff" is one of my all the time favourites and only features humans. But you get the so wonderfull "Beast Legions" (not sure of the exact name right now, sorry) in it, with legions of soldiers devoted each one to an animal and behaving in their tactics and duties like the animal of the legion. "The Ladies of Mandrigyn" is also a very nice fantasy book that features just humans (ok, undead and other creatures here and there but their are collateral effects ). And the Darwath Trilogy features just humans (vs the Dark Creatures, bringers of death and destruction, that incidentally eat humans) and I found it awesome and my favourites of all the books I have ever read (maybe tied with one trilogy from Louise Cooper, not sure of the title in english but if you have read it, the protagonist is named Tarod).

Not that I didn't like LotR (prefer the Silmarillion) or Dragonlance or Forgotten Relams... But nothing of all that will be above the simple fact of: give a solid, coherent and interesting world to play in/with/at.

Also, it's like obvious that Stardock will relase non-humans as non canon stuff? It's clear that people wants extra stuff (be it elves, dwarves, asian/greek based stuff like buildings/weapons/clothes,...), including expansive expansions a la Gal Civ II (wow, I would never dare to play the vanilla Gal Civ II again...). So no need to worry about the "no elves" in campaign and also, bad attitud to say that it's a bad decission not to have "elves and stuff" for the game anbd only have humans. It has been a while since I lose any interest in a MoM2. (even if my mod will use elves, dwarves and the like... but that's because of the original idea from which it was generated )

Having racial diversity is fun. Let's take a look at your examples. Elves & Orcs We will be able to mod them into the game. Since modding is powerful, we will be able to create very unique races. Like: Elves will have access to awesome ranged weapons, but somewhat weak ordinary equipments, such as swords or armors. Orcs will have access to weak ranged weapons, but they will be able to use brutal axes and stuff like that.

Now I am not sure about the racial abilities however. Can we mod in things like that? Like can we create a race, which has certain amount of resistance vs. fire based spells? I am pretty sure that we will be able to do that also.

While the vanilla game will only have 2 "races" the possibilities of modding are endless. This is why I love this game already.

Not talking visual at all actually.  I just played MOM last night and picked Draconians as my race.  They fly which makes things interesting.  My point really is that I like there to be some large differences between kingdoms not just small or subtle ones.  Will this game have base flying units, units that regenerate, units with tough skin that don't use armor, units that fire bows faster, cause fear, etc?  Can we get this with humans?  I suppose but they will be very weird humans.  From the beta so far I don't think we will be getting humans with these large game changing differences which is disappointing to me.

Of course there is modding.  I just hope that the system is flexible enough to add unique abilites like those mentioned above.  Still I would have liked to see some of this in the regular game from the get go.

Reptilian Homage for the win!

More specifically, the nature or cavalry based human/fallen race-> with cult of the red dragon, defeating a red wyrm, capturing its egg, raising your own red dragon, and having boosts to Any Red Cave-lizards/ lizardmen you gain through mercenary contracts, or simple alliances based on their lair being nearby, and you allow them to live, let them thrive, trade with them, protect them, and in return the red-lizardmen will fight for you at excelled proficiency, decreased cost, and a huge morale bonus if fighting along-side your Royal (pet) dragon.

The coat of arms for such a customized skill set (and long term goals) would most likely have a Dragon's Eye, or a full adult dragon in the foreground, with possible fire or mountain in the background.

Obviously not? Specially for those not interesed in the main game but the mods.

I think they should have a three-legged race. And whoever wins should get some kind of bonus like +1 to endurance or something.

They are.

And dwarves are humans who can't grow proper like.

And giants grow to much,

And lizardmen are just men with scales.

I'm sorry I've never seen differnt races in other games as unique. Usually it just means a new skin and maybe one or two unique units.*

*except perhaps MoM but even then there were only 3-4 unquie races and the rest were very similar to each other with minor changes.

I like having scales.

One specie (humans) with multiple races ... agreed