Since picking up BoL for the first time about 4 years ago it has been my go to rules when I wanted to run a game that was a little outside the conventional fare. I've done the traditional Lemuria setting, my own homebrewed Frazetta Death Dealer setting, now that I have got back to reading the Black Company; I think that would make a perfect setting for a BoL game.

Mind you like most books you have established storylines and what not, but there were other mercenary companies and other worlds. I’d most likely design one of the other worlds and use the Black Company’s model as far as the rest goes