So I tried out this list as it was written. It actually played pretty well though it didn't use the IH tactics at all. That being said I am looking at the next IH list to be a DreadPod list, something more from the Clan Raakaun supplement. Pretty much would be:
HQ:
MotF - combi grav, power axe, Gorgon Chain
Elites:
Ironclad Dread- seismic hammer, power fist, HK x2, drop pod
Ironclad Dread- seismic hammer, power fist, HK x2, drop pod
Ironclad Dread- chainfist, hurricane bolters, HK x2, drop pod
Troops:
Tactical squad x10- grav-gun, plasma cannon, power fist and grav-pistol on sarge, drop pod
Tactical squad x10- grav-gun, multi-melta, thunder hammer and grav-pistol on sarge, drop pod
Heavy support:
Dreadnought- TL lascannon, power fist, drop pod
Venerable Dread- plasma cannon, power fist, drop pod
Land Raider Crusader- multi-melta
How's this looking?