Take a look at this mill deck. More heavy on the Instants and uses the creatures to do more mill.
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Snapcaster with only four instants? Wouldn't you want to either increase your Sorcery/Instant count, or swap out Snap in order to get real value out of it?
Ive got a BU Zombie Mill deck that works to overwhelm the opposition via Undead Alchemist. Would love any feedback. http://www.mtgvault.com/ViewDeck.aspx?DeckID=412493
If you are going BU then I would suggest Undead Alchemist. I love him, but then again I have a hard-on for mill so... Take a look http://www.mtgvault.com/ViewDeck.aspx?DeckID=412493
Looks fairly solid. Might I suggest swapping Dreadwaters with Dreamtwist? Dreadwaters really only becomes useful when you have more land out, Dreamtwist comes in to play sooner. Here is a Mill deck I made that focuses on Undead Alchemist http://www.mtgvault.com/ViewDeck.aspx?DeckID=412493
Take a look at this. Same principle http://www.mtgvault.com/ViewDeck.aspx?DeckID=412493
You have 8 Manamorphose in deck
And possibly throw in some Laboratory Maniacs so that you don't accidentally mill yourself using Jace's ultimate. Elixer of Immortality would help against that too.
If you are going to use Jaces Erasure and Reliquary Tower, why not use a play set of Divination?
Your curve is pretty heavy into the 2-4, might want to pump some more land in. Maybe just add in a play set of Isolated Chapel.
Why Honor of the Pure? That will only help the total 3 white creatures you have.
Deck looks great. I especially like the fact that it isn't some hugely expensive deck and is made of what you actually have.
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