That build is a fine build.
I wouldn't use that heavy of gear with a shield as it slows you down, and the huscarl is definitely the best shield for surviving. Knightly heater is nice for more aggressive play, though.
One thing you need to keep in mind regarding your builds is this: Do you prefer to be slower but kill in less swing + have more HP, OR, do you prefer to be faster and more mobile at the cost of damage and HP? It comes down to your on preference with all builds.
My advice is this: Play that build all the way out to 31, and retire it. You will then know what type you like and can make your ideal build next time. If you really hate that build by level 25? Then sure retire to something you'd prefer more without the bonus.