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I'm leaning towards the latter since I want to play as Germany in 1880 and if the SOI affects prestige then Germany has very little territory to colonize I imagine. It's not like this wasn't the case in real life.


Also how do you change the kind of power your country is? Like from regional to global?

The idea being that I could take a country like Japan and get the other colonial options.

How do you get all the colonial events anyway?

Is there some kind of updated economy guide because the one on Paradox forums is pretty outdated. There's also Loki's AAR with Sardinia-Piedmont, is there anything else?

The answer to your question is straightforward, the historical option is more realistic. There is nothing in that to stop you taking extra colonies, either by expansion or beating up a European power and taking colonies in the peace deal. The cost is that you receive negative prestige till your SOI reaches 0 (ie the Great Powers think that you now have some legitimacy). Also the set SOIs script the AI to some extent.

As Germany there are a couple of post-Bismarck (1881/2) events that will trigger the full range of colonial options.

You can't, in game, change your power rating, but it does alter by event at some stages (not sure if this is true for Germany). It is feasible to change by script but its a core assumption in PoN that a state can't change its fundamental nature - unlike say in Victoria