That last config is some kind of crazy. It's something like 75 points PER MODEL. For t4 3+ 1 wound models, that is entirely too much. I could get a full squad of hammernators or, heck, a full squad of Honour Guard with some Relic Blades, for that many points.
Try this on for size:
Korsarro Khan on Bike
Bike Command Squad
- Apothecary, Bolt Pistol, Close Combat Weapon, Narthecium, Power Armour, Frag and Krak Grenades
- Veteran, Company Banner, Meltagun, Thunder Hammer, Storm Shield, Frag and Krak Grenades
- Veteran, Meltagun, Thunder Hammer, Storm Shield, Frag and Krak Grenades
Veteran, Meltagun, Thunder Hammer, Storm Shield, Frag and Krak Grenades, Meltabombs
- Veteran, Meltagun, Power Weapon, Storm Shield, Frag and Krak Grenades, Meltabombs
It comes in around 100+ points a model on average, yet the squad has a T4(5) 3+/3++ and Feel No Pain, with a Turbo Boost 3+ Cover Save. It has 4 Relentless Meltaguns, and Twin Linked Bolters in the event of minor anti-light infantry duties. When it charges (and it will - it has Hit and Run and an 18" assault range), it has 9 S5 I5 Power Weapon attacks, 5 of which have a chance of causing Instant Death, and 9 S9 Thunder Hammer's.
It is extremely hard to counter, without over twice the amount of points invested firing into it, aside from poor rolls, and everyone is mercy to them.
But that's the beauty of it. Those threats to which it is vulnerable are threats to the battle winning units of the army - so the opponent has to make a choice between going for the battle winners, or going for the unit which is more than capable of destroying entire units on it's own.
If you want a nice cheap unit, take a Captain with a Relic Blade and Artificer Armour, and throw him in a Tactical Combat Squad or Assault Squad on Foot with the Hidden Power Fist.
Then use the Command Squad, and give them each a Meltagun and a Flamer, and put them in a drop pod. It's a bit more expensive than equivalent Sternguard, and lacks special ammunition, but the Feel No Pain halving damage and ability to fire their special weapons more than once outweigh those small disadvantages.
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