By 1709, France was really on the ropes, having been decisively defeated in Germany (Blenheim) and Belgium (Oudenarde), while Eugene of Savoy was rampaging around Northern Italy. During that year Louis XIV sued for peace, offering to abandon his grandson Philip V, and the entire Spanish empire to the Allies.
In OTL, the Allies wanted even more, and so rebuffed Louis XIV's offer. Faced with the choice between going to war with his grandson (the Allies wanted him to expel Philip V from Spain), and the rest of Europe, Louis chose to continue the war, and managed to keep the throne for Philip. What if the Allies had agreed to Louis XIV's terms in 1708? Would this have represented the worst possible outcome for France, or could the Allies have imposed an even more severe settlement on the French with a few more victories in 1709?
In OTL, the Allies wanted even more, and so rebuffed Louis XIV's offer. Faced with the choice between going to war with his grandson (the Allies wanted him to expel Philip V from Spain), and the rest of Europe, Louis chose to continue the war, and managed to keep the throne for Philip. What if the Allies had agreed to Louis XIV's terms in 1708? Would this have represented the worst possible outcome for France, or could the Allies have imposed an even more severe settlement on the French with a few more victories in 1709?