Well that looks like an ok build to me. (though I don't analyze the leveling junk). And you can still at anytime raise the other skills if you need to.
The only thing I'd be a litle bit worried about is your magic power, but I had the same sort of magicka increase on my Morrowind character so it shouldn't you much if you don't plan on being a master mage.(I had problems with high level summons, namely the storm ...acronach...or...however you spell)