wodmarach: tbh the +funds starting area becomes super handy as it lets you get more sats up early game letting you lower panic and get more funding quickly, the arc thrower becomes the best thing in game as well as it means free weapons...
Early game the benefit is somewhat reduced because you also start in a country that gives less funds though.
Personally after finding out I barely if ever need to build a Research Lab I forewent Europe this time and went for Asia instead. I'm most of the way through the game and I have no research lab, yet I've been out of things to research several times. And even if you have researched stuff quickly it's usually the materials capping what you can make anyway. I built a workshop when I needed extra engineers and that's about it. (though I can possibly see myself making more of those next time).
Started in Asia, grabbed South America for the instant research on Interrogations/Autopsies and then went Africa, then NA, with Europe being the throwaway focus if I needed to.