At present I'm assuming that Gideon and Stormhold, and the northern part of Elsweyr, would remain much as they were, and it would be the interior of Black Marsh, and the south or Elsweyr that would become more independent from, or even inaccessible to the Empire. I.e. that the borders would be uncertain again.
All needed for mod background, for events happening after the Oblivion main quest.