Great work as always guys.
My suggestion for the one ring is this:
Why not have the heroes from each goblin faction (The Defiler, The Moria Chieftain, The Great Goblin) as ring heroes associated with their respective factions?
The goblins are split into three tribes that are each generally concerned only with themselves, only teaming up with the other two out of necessity. That being the case, the ring, when held by the hero corresponding to a particular faction, should have huge benefits for that faction but decrease the effectiveness of the other two; for if one faction has the power of the one ring, they don't need the other two tribes to achieve victory on the battlefield.
Say the Moria Chieftain has the ring, you could even go as far as disabling the purchase of units from both Gundabad and Goblintown for as long as he's carrying it.
If Smaug has the ring you get a super-awesome dragon, but none of the three factions are otherwise affected.
Just a suggestion, but it would mean a lot of thought and work.
clarkendorfen
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