Autumn 1905:
England - I won't venture so far to say that this was a disappointing phase for you, but I think it could have been done a little bit better. Taking Holland from the Heligoland Bight as opposed to the North Sea means that Kiel is now out of the question at least for right now and moving Norwegian to Norway instead of following into the North Sea means that Denmark may fall as well without some luck, and Holland could be tough to keep. If Russia went for Norway, damn, tough, but 99% of the time, he's going for Moscow if it's there. On top of that, it would not have been a bad idea to double-tap the Baltic Sea with both Denmark and Sweden, since you knew that no matter which one he tried to take, the supporting unit would be the Baltic Sea and the attacking unit would be either Kiel of the GoB. I also see little reason for you to continue possessing the MAO when that unit would be more useful against Germany. Regardless, you aren't in a terrible spot, and with a good spring phase, you may be able to rebound, but this was your shot to get an army build to plant on the mainland and it didn't happen.
France - 12 were lost and 34 were wounded by a strange and unsupported British attack on Portugal. Neither side held an advantage and the forces clashed for a short period before retreating to their respective bases in an apparent ceasefire as the winter months, which apparently now affect warfare in warm-weathered Portugal, set in.
P.S. - For what it's worth, I would highly recommend tapping either Spain or the MAO as opposed to holding. If England leaves the MAO and Italy moves in and follows into Spain, you are done. Of course, if England leaves the MAO and Italy doesn't move in, Portugal is now vulnerable, so it's a calculated risk. I know which I would choose out of those two, but it's up to you to decide. I won't comment on it one way or another.
Germany - Pretty good. You didn't make any spectacular moves but you got the help you'd been waiting on. Part of this game is to hold your ground until your opponent errs, and he may have done that here. You're not building, but in all likelihood, you will be next year, and as long as England continues to hesitate in using his full array of forces against you, you should be able to continue taking advantage of his self-imposed weakness. You're a favorite on the board right now.
Russia - It was worth a shot. At least you can rest easy knowing that the other option, Norway, would have resulted in a bounce as well. Maybe give it another go in the spring.
Turkey - Given the circumstances (both in-game and outside), these are solid moves. You lose Rumania, but you gained Sevastopol back, and on top of that you were able to forward your line into Serbia, which almost ensures that you take Rumania back in the spring. On top of that, you screwed with Italy in the Med just enough that he's not going to be threat to you next year since, instead of retaking the Ionian, he has to spend the spring phase figuring out how to keep you from moving forward. You have a retreat, presumably to Bulgaria (Galicia might be strangely tempting but in the grander scheme of things it'd be useless unless you have an odd craving for Ukraine), and you should be able to push forward a little bit more as Austria decides who he hates more right now between you and Italy.
Italy - Unfortunately, Turkey pulled a brilliant trick on you and leaves you in a tight spot, and if he guesses your moves again, he can pull another trick on you in the spring and leave you just as frustrated. Still, the move to the Adriatic was wise, as it leaves you pretty solidly defended against a Turkish move on Trieste and allows you an aggressive enough position to try to take it back. Hopefully Austria doesn't have it out for you, but if he does, you might be in a bit of a time crunch to refortify and prepare for Turkey.
P.S. - Some unqualified advice: don't forget about Apulia!
Austria - It's time to have your psychotic meltdown. The Habsburgs always had a way of going crazy near the end of their respective reigns, so why not? On one hand, Turkey's resurgence has prevented the CPA from dominating this game. On the other, Italy's aggressive play left you without the strength to keep fighting Turkey. Whose fault is it? The bottom line is that you may survive, but it'll be in Moscow and Warsaw if you do, so why not use your other three units to make a statement?
Rankings as of retreats/builds (none) 1905:
1.) Turkey - Always a solo threat, but there is a long way to go before that's even in our discussion.
2.) Germany - Like Turkey, always a solo threat, and also a very viable candidate for a 17/17 draw with Turkey were it to come down to that. I wonder if you can pull it off or if you'll have to settle with a three-player finish.
3.) England - So long as you have your home centers, you're in decent shape.
4.) Italy - Growth in the west is a big plus, but Turkish presence in your home seas could soon cancel it out.
5.) Austria - Holding Moscow and Warsaw means you control who can go for 18.
6.) France - Take Christmas break to restock and march in some reserves.
7.) Russia - Trotsky would be proud.