OH HELL YEAH, SOMETHING I KNOW STUFF ABOUT. My major is History, with concentrations in War/Violence and European, specifically concentrating on the Post-Napoleonic through 1945 period. Anglo-Afghan Wars, Elphinstone's Defeat and the 1842 Retreat from Kabul, the Great Game, The Crimean War (what a **** show that was, first "modern" war and what not), Austro-Prussian War, Franco-Prussian War, Revolutions of 1848, etc, etc. Something that I think is often overlooked is the fact that Germany, as a country, has only existed since 1871, when Prussian finally muscled out Austria as the dominant German power. I think people tend to think of Germany as this long standing entity in European politics, when it's in fact such a young nation (obviously there was the Holy Roman Empire, but as a far as having a sense of national identity as German). And from 1871 to 1914 it went from not existing to becoming the industrial power in the continent, with a huge reservoir of human capital with regards to science and engineering.
The other thing, and the reason I think WWI is rather, well, overlooked in America (besides the fact that I think our history education in this country is woefully inadequate), is because we just weren't really a part of it. It's not this huge conflict in our national history the way WWII is, when we were bombed and brought into the fight. What did we do to celebrate the 100th anniversary of WWI? London had the entire surroundings of the Tower of London filled with poppies to commemorate it. We had people on the frontlines for less than a year, and yeah, we lost like 100,000, of which something like half was due to influenza, but it's just not nearly as important in our national memory as WWII, or as the combined WWI/II is to European nations. But I do think the fronts farther afield are quite fascinating.
And as far as the ENDING of WWI, well how could you not see a 2nd one coming? The terms at the end there could pretty much not have been done any worse, but when you force and entire nation to accept singular blame, force them to pay reparirations, dismantle their economy, and create dire economic and political circumstances, I mean, is it that shocking that a lot of disaffected people became angry and rallied to facism?
Aaaaaaand I'll end there for now I guess...