So, how exactly am I weak to red? I think I'm missing your point. Also, I'm curious as to how you're friend managed to make a standard burn deck that can get around decks that have access to Force of Will and assorted turn 2-3 win combos.
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I know trinket mage isn't in his first printing; I played through the original Mirrodin cycle and loved it. I merely meant he was new to the standard environment. And no offense taken, but you have piqued my curiosity; exactly what would you change about it? I have 4 extra red-hosing counters and 2 kor firewalkers for the red matchup, as well as copious maindeck lifegain (trink->elixir and elspeth). I haven't played any red decks yet so I don't know for sure how it goes, but I feel pretty prepared for how red is played in the current metagame.
Oh, and question; fog in Side? I realize there aren't a lot of options for SB for this archetype, but you'd get more use out of summoning trap.
I like the eldrazi ramp focus on the elves' mana production, but you need at least 4 more lands to make this reliable. If you don't want to run the arbor elves maindeck (I would recommend it), I see no harm in dropping a couple of your eldrazi (It that betrays being the obvious choice) for 4 tectonic edges.
I admit the primary reason I run JB over JtMS is budget, but remember Sun Titan can return JB to play, but not JtMS, meaning you can get 2 draws off a single Jace per turn. Thanks for the comment though!
I'm currently running a very similar list at my local FNM; tradditional UW control with a focus on sun titan. At the risk of telling you to make your deck exactly like mine, trinket mage is an amazing target for sun titan (or mimic vat for that matter). I also run more JB for the same reason; I almost never use his +2, and he acts like a personal howling mine.