Meh. I never pay attention to the complaints of the peasants, under the old estate system I think I went beyond the "production and trade suffer" mark. Morale dropped 15% a day but you could handle it with enough support for production and daily courts.
What happened to the "The peasants notice they pay more (or less) taxes than their neighbours." btw? I haven't seen it in ages, did it get removed? I thought it was a pretty cool feature.
