I don't know if anyone is interested or not, but I've changed some of the equipment file so that sovereigns can get equipment/mounts at the start of the game. Essentially I've based the starting point cost to be based on the cost of the item in the game/10. So if something (like a horse ) costs 100 gildar to buy in the game, it would take 10 points to get at sovereign creation.
I didn't make everything available, but there is a good variety of weapons, armor and mounts.
I haven't played extensively to determine balance, but so far it seems to work. I'm sure you could sovereign rush if you want, but you'll have to decide if that is what you want to do.
Give me any suggestions you might have.
http://www.gamemodshosting.com/showfile-84/startingequipment.zip
Put this into your mod folder.