FrenziedAU: I'd definitely go for Medieval 2 over Empire. I have both, and found Medieval 2 to be awesome, and Empire to be kind of dull.
Medieval 2 had much more going on with the battles, far more tactical choices, and much more unit variation which led to more opportunities to use different tactics.
I found in Empire that most battles consisted of watching a couple of lines of people shoot away without much in the way of movement. The Naval battles were pretty neat though.
Yup, exactly that's what I feel. Empire's mostly just using Line Infantry to fire at another Line Infantry. And alot of lines firing at alot of lines. Maybe that's why they're named Line Infantry. I don't even bother to use Calvary in Empire, other than to chase down routing troops. Grenadiers from the flanks kill more troops than Calvary ever can.
For me, the naval battles were cool at first, but I ended up auto-resolving most of them.
The many mods for M2TW and RTW makes Empire weak in comparison.