Hi!
...I was wondering if it is possible to set the compass direction so that we can decide our preferred North
After rotating the map you can ctrl+click the compass to reset it to "up=north" and this won't undo your rotation. If that's what you were asking about...
...if you ever thought about having a setting that determines the style of names in the cities that are created.
Yeah, ideally there should be a way to provide custom rules for name generation, but I am yet to figure out how to do it and this is a kind of low priority task. Tbh I think people will prefer to name cities and districts manually anyway.
...the idea that perhaps one could change the names of streets and places of interest directly in the "Legends" itself
This will be done eventually.