see the green text for corrections.Thanks for the insightful info guys.
I spent last night pondering what you said and have changed the list to the following:
(Please note that the Scouts are still there only because i'll have them and will be replaced soon after)
Master of Runes
take out MoR, its a waste of 50 points, it lets you use 2 psychic attacks within the bounds of the rules still. IE: you cant use 2 psychic shooting attacks even with this. so unless you are putting him in a dedicated CC army its Worthless. Id drop the runic armor too but give him CotS. CotS is a godsend if you use the abilities you should be : living Lightning and Murderous Hurricane. both will almost never miss with a CotS
10 Grey Hunters
first, your points are off. you get your second weapon free as far as I can read. IE: you would still be at 150 points. Id still drop them down a few models to make more points to give them MotW and Wolf Standard. MotW and Wolf Standard together have won me many games
10 Grey Hunters
Drop Pod 35
Rhinos are better, and you should have one for both your squads
Land Raider Godhammer
See earlier issues with your Wolf Lord before, and put it to this land raider, its taking up 1/4th of your army and can easily be replaced in this small of an army with little problems.
5 Wolf Scouts
6 Long Fangs
2 Rocket Launchers
2 Heavy Bolters
where to start. drop the MM drop the plasma cannon drop the Heavy bolter, make them ALL Missile Launchers. 5 MLs are better (and cheaper) then this mix match you have built. and 5 MLs can take on light tanks and MCs with ease, and if nessessary you can do some damage to hoardes too.
as I stated earlier though in the green. ALL your units should have a specific role when you play them in a tournament especially. for example ALL my squads in my 1500 tourny list are built to take on mech, since I see more mech lists then you can believe where I play.
Ill leave it to you though to figure out what to do with the multitude of points I suggested you trim though. but I would highly reccomend, as I know others will, a razor back for the Long fangs too. TL Las would be my choice.