Chagoth

Your spells are good but I'd drop either Faithless Looting or Desperate Ravings and replace them with 3 or 4 Brighthearth Bannerets to make your elemental creatures cost less. Heartlash Cinder would work well here. Use that and replace 3 or 4 spells with 3 or 4 Cinders. Inner-Flame Acolyte and Incandescent Soulstoke can give Nova Chaser haste to blitz your opponent with the added bonus that both are creatures. Fling might work here, too. Two Flinged Nova Chasers and the game is over. Take a look at my Red Elemental deck and comment: http://www.mtgvault.com/ViewDeck.aspx?DeckID=386493