you don't really need phylactery litch unless this deck is meant to go for infect and life at the same time
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Had the same idea but what if you used four blightsteels and two mirrorworks just in case they somehow by some off chance steal blightsteel or destroy it?
http://www.mtgvault.com/ViewDeck.aspx?DeckID=152221 Try this out, haven't lost yet with it and Im trying it at FNM this week.