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So I have a doubles tournament in March set in Mid War. Seeing as I play Americans I have been looking at there lists. I really like the Rangers, with being Fearless yet Trained they won't run easily, yet are cheap eough that I can have some toys.

1. Are they a good army? I have only played my Paras in Late War and have no experience in other armies.
2. Does "Although its component Ranger Platoons operate as separate platoons for all other purposes, a Ranger Company deploys all at the same time as a single platoon" mean that they also count as platoons for the purpose of determining how many platoons my army has?
3. Any tips and tricks for Ranger I should know?

The line about the company deploying all at once is obsolete in V3. Look at page 17 under Multipart Platoons.

Each sub-unit that has it's own command team deploys and acts entirely separately as individual platoons. Each one counts as a platoon for all purposes.