I might be wrong, but with Max points in Runes this build is about the most expensive you can go (other than replacing the GW for a xbow/handgun but that doesn't get you anywhere in effectiveness.
Also, I would totally put thanes on shields, all day long, every day... but that is cheating as they do not have that option.
Sure, why not. I was focusing on the Dwarf Lord, but who cares, really it's just about having fun with builds.
This is basically the discount version, which is both awesome and field-able (and what I have been going for in my builds). Now RD, step it up an notch, spend that extra rune allowance and show us something completely badass! (Not necessarily what your put on the table here, just showing off builds!)