My allied game was interrupted due to RL events, but I am back on now. In early 1943 the Axis were still pretty scary (especially with the extra experience bar) but now it's March 1944 and they are pretty wrecked. Soviet units already completed a giant encirclement around Kharkov and are trying to trap an even larger number of German units on the wrong side of the Dnieper. UK units are slowly pushing from northern Italy into Austria and the US Army has landed in force around Brest. The biggest opposition there is lack of supplies.
Really the wind has gone out of the Axis sails. I made a big investment in strategic bombers and I think it is working out OK. It's painful at the start, but once you get higher tech bombers and enough bombers and escorts to grind down their interceptors, it starts to be extremely painful for the other guys.