I've always been intrigued by possibility of Italy entering on the Central Powers side. Yes, it would have been possible if Austria-Hungary had made territorial concessions in the wake of the Bosnian annexations in 1908, as required by the Triple Alliance treaty. Such concessions done at that time might have had less costs for A-H politically, than would have been the case in 1914 or 1915.
Yes, the Italians had inferior generals and infantry poorly supplied with heavy artillery and machine guns. Their navy was small, with only one dreadnaught. Still, fighting for would have made a considerable difference as opposed to fighting against it. Making the war much more of a 50-50 proposition.
Possible to mod the game so the Italian Concessions are made at the start, with only a 5 morale effect for the CP; Italy joins the CP at the outset?