I'm actually in a bit of a similar situation myself. I keep testing things but not committing. On the one hand, I want to manage out a team, on the other, I love seeing time pass, and there's no fast way to do that if you manage closely.
I'm actually at the point where I think I might split them up. Do a modified history league where it's God mode, then do a fictional(?) where I play it out in a world with less games per year, to help move things along.
For what it's worth, I tend to like the dynasties best which feature either a league-wide/world-wide perspective (like Chuck's English League or stuff that The Game does) or monthly updates from the GM on their team's progress.
To each their own on the "talk about it daily" dynasties but I feel like other than the poor Portland Raccoons, it's really hard to keep interest up going day by day.
Take that for what it's worth. But in the end, don't decide based on us--pick what YOU wanna do.
