NR - Discussion of Principality

[E.Preston III & Shelly K. Walker]

Okay, being a local seneschal, I would like to inform my populace of 
this discussion. Many of them are new and need a better understanding 
of what a principality is, does and such. I would like to see some 
serious pros and cons mentioned here. I ask "What are the benefits?"
Britta the Red
(who is not-so-secretly for it, but can't come up with a good reason 
why)
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