I haven't voted yet, (was reading this thread before I did), but i will probably have to go with disappointed as well. I will keep playing it though, and updating it hoping that it will get better, at least until Civ5 comes out. Then I will shelve this until I get tired of playing Civ5. To be honest I was kind of bummed that I had two games coming out so soon that I had VERY high expectations for, and having to pick which one to play. Unless something is really wrong with Civ5, I don't think that will be a big problem now.
Some of my problems:
Game gets slower and slower, after an hour have to exit game and restart
Game crashes usually if I go more than an hour anyway
Very poor manual. Basically a re-hash of stuff already posted on website. I spent a LOT of time trying to figure out how the benefits of caravans worked, couldn't do it.
Haven't even remotely finished a game yet. After playing 75-100 turns some other army comes along and spanks me so badly I just quit and restart. I had a single unit of 4 somethings come along and completely wipe out my 6 unit army, all of which were squads with my latest tech, plus my Sov, and it wasn't even close. They one hitted each of my units, and I hardly scratched them I had even researched War a bunch.
A little more info on the whole Dynasty thing would be good, I still haven't found a wife yet, let alone had any kids. Not sure what I'm doing wrong with that.
I ran out of spells to research, so in one game I researched up to the ability to cast level 8 spells, but still didn't get any new ones to research past level 6.
A couple of my games I've quit because suddenly I am loosing money so badly that all my armies desert on me. I still don't know why I suddenly started loosing money so badly.
And on and on and on.
I see tremendous potential in the game, and for the most part I like it. It's just there's way more issues than I'd like to see after spending $50 on it.