As such, and since we've got precious little else to talk about right now, I figured a thread to debate the comparative merits of the two factions would be worth a shot. Since we've got basically nothing regarding gameplay distinctions, I guess this can only be about their respective philosophies, as below:
Emeric:
CALL TO ARMS
"Our supplies dwindle. Our trade routes are shut down. Our people suffer.
Why? Because a pretender sits upon the Ruby Throne.
Let us take up arms! Let the fields of Cyrodiil run red with the blood of our fallen enemies!
But let us spare the lives of a few, so that they may return to their homelands to tell their fellows the fate they met at the hands of the Daggerfall Covenant.
One land! One Emperor!
Who among you will stand with me?
***************
Ayrenn:
YOUR QUEEN COMMANDS
I have no hatred for the races of Man, but they are young. Like all children, they are driven by emotion. They lack the wisdom that comes with age. I would sooner place an Altmer infant on the Ruby Throne than surrender Tamriel to their capricious whims.
The Altmer, the Bosmer and the Khajiit share the common traits of intelligence, patience and reason. We do not seek riches or plunder. Domination is not our goal, nor is the acclamation of power for its own sake.
Today we make our stand. Today we take back the Ruby Throne, which is ours by ancient right and the blessings of the Divines.
Stand with us.
***************
I have to admit, the Covenant has more than its fair share of blood on its hands. Both the Bretons and Redguards have attempted what amounts to genocide against the Orcs in the past, and Emeric's speech does sound a tad bloodthirsty (well, more than a tad actually. Try 15 tads and 3 smidgens...), kind of validating Ayrenn's position that an empire led by men will only lead to bloodshed. I do recognise however that whatever Ayrenn says about not wanting power, the mer have a proven history of subjugating other races that they deem inferior.
Long story short, I think that the Covenant is (or would have been, given that we're talking about ancient history here) the best chance of a lasting peace for Tamriel, with equality for every race.