paint work and conversion idea is great, but Elves are already over powered and those rules are horrendous, +1 skill, attack and wound on the master for the same cost as the official list.... WOW.
Saying that though the -1 initiative on the other heroes is a step in the right direction but the +1 BS / -1WS on the walkers is a moot point really.
The increased cost and reduced initiative on the henchmen is also a step in the right direction.
Infact it's really just the master that's waay in the wrong direction, that that guy holds over any other warband leader should make him cost about 150 gold.