So here is a list for some 700pt games, house rules, max 2 alliances per army, no tom bombadil, gollum, etc and 75 model cap.

Here is the list:

Grey Company
-Aragorn with horse and armour
-Elladan and Elrohir with horses

Durin's Folk
-King with throw weps
-Banner
-13 Khazad guard
-9 shield warriors
-1 axe warrior

So 11+1 might, break at 15 losses, i know its a small list but dwarves are quite durable and there is a substantial amount of killing power from the grey company.
And no, im afraid i have no iron guard

Thoughts guys?

28 models in a 700 pt army? with a max of 75 models? you will be outnumber 2-1 most of the time

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One ring to rule them all, one ring to find them, one ring to bring them all and in the darkness bind them

I agree. It's too Hero heavy.

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"There are few left in Middle Earth like Aragorn, son of Arathorn." - Gandalf, Many Meetings

Having no bows isn't a good idea either. If you do keep with that list I suggest adding at least a few bows - maybe give some of your dwarfs with shields bows instead or take a few dwarfs out and get some rangers of Arnor from the Grey Company list (I don't know if you have the models though...)

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"Seven for the Dwarf-lords in their halls of stone"

I would drop Aragorn and get some rangers and dunedain with some extra dwarves for the spare points.

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"War does not determine who is right, only who is left."
- Bertrand Russel