That doesn’t promote the Pacific theatre at all.  Allies play KGF, Europe falls, Russia holds, Japan is toast and the concedes.
Well, if AA42 is like AA50 in rough terms Germany should be able to hold off the Allies for something the three turns Japan needs to gobble up India, Aus and Hawaii. Then Allies would be forced to defend those places and we would have a more balanced game. A problem with VCs though is that people don’t seem to like a victory being made by counting VCs, the A&A tradition is to grab capitals and then the IPC-change idea is better suited.
I think Africa can be merged into 4 territories (Sudan-East Africa, French West Africa and Congo/Rhodesia, South Africa) below Egypt and Madagascar made into a 0 IPC island like Greenland. That’s 4 IPCs to put in Pacific theatre (1 for India, 1 for Burma, 1 for Australia, 1 for Solomons). Mexico at 1, Panama at 1, Central US at 5 and Brazil at 2 is 4 more (2 at Hawaii, 1 each Midway and Wake). 8 IPCs should be enough for a major effect on the game.