It really is just a patch of Mount & Blade. The graphics are supposed to be better, but I don't see a huge difference. The localization of different parts of the kingdom does seem much better. You're supposed to have larger battles, but I haven't seen that yet--don't have a big enough army. If you're going to buy the game, though, you should definitely go for this version. I'm going to put up the cash for it. $30 for such a huge, time-absorbing, game, and with multiplayer--it's really a great bargain.