Although being some interesting points, I don’t think it’s that risky for the UK. Let me explain:
If Italy takes Algeria: that’s fine with the UK because Egypt (the main prize) will have at least 1 more turn to prepare and is even saved indefinately if Germany doesn’t want to attack SZ92. German air that attacks ZS92, cannot attack London GE3 and the fleet in SZ92 is quite mean. In order to keep its own losses in check, almost the entire luftwaffe has to attack and even then, Germany will loose 2 aircraft, just as much aircraft as the UK will loose (important to realize when it comes to SL).
Therefore, if Germany attacks SZ92, London will be safe indefinately. Germany MUST turn its full attention towards Russia No later than GE4 or else the east will get out of hand…
Assuming Germany DOES attack SZ92, this will result in Italy being stronger. It even has a Navy! Cheers, as this is a rare event indeed!
But the US-entry is not far away now… I think at the end of the day this results in London and Moscow being safe forever and Italy still having a Navy. From here, Germany’s only true options are a weakened Barbarossa (because of the fleetbuys GE, Luftwaffe received a blow + being out of position) OR, quite interesting to me, an attempt to maintain the pressure on the African part of the UK by Germany + Italy together. Defending against Russia and the Western allies, Euro-axis can try to take all of Africa (including Egypt). Middle East may be a problem because it is kinda close to Moscow. Although… I don’t think that grabbing all of Africa can win the Axis th game but it would be fun to try.
Regarding the blockers in SZ91 and 104…
Such blockers are easily removed during CM and moved through during the NCM (a mistake I also make sometimes, so I assume Luke or Leia distracted your thinking when you thought of it ;-)). By the way, the main purpose is to get more aircraft into London in case Germany continues with SL-buys so blockers, if any, do not need to be attacked. German DD’s cannot block the movement of Spitfires and Mosquito’s, unless yours have some special technology :P.
A German invasion fleet in SZ112 (threatening Gibraltar itself) should cause UK1 to seriously consider the options of its 1 leftover DD in the area (SZ109):
Either pick up 2 more canadians (using the DD for cleanup purposes first) or block off Gibraltar. The Canadians are not needed (but very welcome), let’s leave this one open about what it is going to do….