First per my opinion this mod is the best mod of HOI 2, but since we are in the mid of talks how would the world really look like if Germans won, heres a map. I will tell you why is something as it is and you prove me wrong (Although the situation would heavily unbalance the game).
First as you can see Africa is defacto German. I really don't know any good reason why free France should exist, since if Germans lost all colonies after ww1 why shouldn't the same happen to the allies.
Second Ottomans directly control all the lands, which are rightfully theirs and the Arabian peninsula. If i were Ottoman I wanted direct control, why should I accept puppet mastery over Libya if I can have it whole (In the game it was probably made, that if you play as Italy you wouldn't have to annex the Ottomans, just to get the colonies back).
Third Bulgaria just gets the lands of Greater Bulgaria, not everything within its sight (Per my opinion the Balkans is the area which is mostly wrong).
Forth Italy is a united nation. I know no good reason why they should fall apart. The defeat would forge them even more together.
Now to AH. I understand the decentralization, since the emperor in his desperation to hold the empire together gave all kind of rights in the most critical moments. So here are the nations which are under the puppet master of Austria (Teal), Red outlines the empire:
SHS (Country of Slovens, Croats and Serbs):
This country did exist in the real world for exactly one month after uniting with Serbia and has renamed into Kingdom of SHS (Serbs, Croats and Slovens). As its name says all the South Slavs of the empire are in it. Well here they have directly absorbed Serbia, Montenegro and Vojvodina (From Hungary). Capital is Zagreb.
Hungary:
After losing Croatia and Vojvodina by SHS they gained Romania (I know no good reason why Romania should survive the war and even be rewarded with Besarabia). Slovakia is still under Hungarian control.
Country of West Slavs:
Mainly Czechs, Poles and Ukrainians. That is the reflection of country which the South Slavs made. Capital is Prague.
Ukraine:
This country is under AH puppet mastery (So Germany can get all those puppets and AH fought for nothing or what). It owns Besarabia since this territory was given to the country until it wasn't reoccupied by Romania in the real world.
Albania:
It was occupied by AH during the war so why not just keep control over it.