Vassalizing a country that is at war will immediately cause your country to take over the leadership of that war. Now I always double-check to see if another country DOWed a soon to be vassal.
This can also be a strategy as I used this once at the beginning of a Byzantium game. Attacked Albania after allying with Serbia. Vassalized Albania which got me into their war against Ottomans. Serbia doesn't honor alliance. Concede defeat against Ottos than DOW Serbia for not honoring alliance.
Also, unlike euIII, vassals are attacked frequently in euiv and you again get dragged in as leader (this was a rare event in euiii as the attacker had to have a mission against the vassal rather than a plain old CB).
This can also be a strategy as I used this once at the beginning of a Byzantium game. Attacked Albania after allying with Serbia. Vassalized Albania which got me into their war against Ottomans. Serbia doesn't honor alliance. Concede defeat against Ottos than DOW Serbia for not honoring alliance.
Also, unlike euIII, vassals are attacked frequently in euiv and you again get dragged in as leader (this was a rare event in euiii as the attacker had to have a mission against the vassal rather than a plain old CB).