How much further might Fisher's reforms have developed without the First World War?
Short answerA great deal; the next generation of cruiser programs would be especially interesting.
NotesWithout the First World War, Fisher's reform trajectory could have developed much further. The next generation of cruiser programs is the most interesting place to look. The answer does not specify a finished class, armament, or timetable, so it supports a design-direction counterfactual rather than a definite alternate fleet.