I love 1.02, but I still have a complaint about Alliances. I'm playing the GC scenario using Austria. I had defensive alliances with all the German states as well as good relations.
Then came the Sonderbund Rebellion, followed quickly by Austria has gone to war over Slesvig. I resolved the war with Denmark peacefully, but Switzerland proceeded to rape me with the help of Britain. None of my allies came to my rescue, and as I found out, none of them dishonored the alliance either. They simply ignored me. I had no way of demanding that they honor the alliance since the diplomacy screen doesn't give such an option. It did show that I was currently allied. Then came Committee for Polish Independence and Natshertanye, which led to unmanageable rebellions that forced me to vassalize Bohemia, Hungary, Croatia, and Poland. By the time all was done, my entire nation had been conquered by the Swiss, and I couldn't get the Germans involved because technically they were already allied, though not at war!!
On another note, despite the bear market, I like the economics in 1.02. Playing Hesse-Darmstadt, I've grown the country into a strong economic player by focusing on building right factories in the right order and by selecting the right research.