I really hope so. It feels pretty shitty to have to make an entirely new character of the same faction so you can just change color...
I reckon it would make sense to not be able to change the subfaction IF each subfaction had a formidable - fucking large, that is - selection of faction-specific customization options; a gazillion scrolls, artifacts and engravings for Bearers, all sorts of techno shit for Irons, Black Legion ponytails, stuff like that. Then it would be fair to lock a player in a subfaction. Until then...well yeah
But those sound like cosmetics, do i really want to restart another character just to get- purchase with $$$ for flashy bling and a new color?
I presume - only presume - that part of the reason of the lock is that we'll be getting subfaction-specific units later also. That, combined with - again - excessive exclusive cosmetic options would, in my opinion, justify the subfaction lock.
There's also the fact that we created our characters long before there was any difference between the subfactions, so it would be nice to be allowed at least one subfaction change when these things become a certainty (and if they're also more than cosmetic).
1 free change whenever a subfaction is added This was confirmed multiply times by brent on streams They also think about adding a cash option to change subfaction And it's very likey that they will do it Since easy money