nah, your list just doesn't fit to the usual strat battles, thats all.
there's no way that there will be so many shielders vs the others on one team in a strat battle.
also you got to many bolts.
Norse Horde is a shield-heavy clan so yeah, that would fit our usual strat battle. Of course, we could dump a number of shields with the idea being that you can pick up dropped ones on the battlefield, but dropped shields can tend to be heavily damaged. Few things are worse than a shielder having no shield.
Even if I went down to 40 shields and 20 bolts, my list still contains over 200 "weapons".
And really I'd probably like to have more than 20 two-handers and 20 polearms for a 100 man army. What if we end up mercing out a two-hand heavy clan? Or a polearm heavy clan?
chadz' rule of 2 weapons per troop makes sense if you know the exact layout of your roster when you leave town. If I know I'm going to have 20 shielders, 10 two-handers and 10 archers then I can build my list accordingly and don't need much fudge factor. In reality, though, we need to have a large fudge factor because roster layout can vary wildly, even from day-to-day in the same clan. (NH is shield heavy but there are still some days where everyone seems to have a long spear and we are short on shielders.)