I may add one more Lord of the Unreal to the mix and replace one of the Phantasmal Bears.  LOTU is dropping in price.  While LOTU is a nice card, I find in play it draws a lot of attention.  Usually, LOTU is targeted quickly.  The sideboard reflects the need to change to non-illusion creatures, especially Wing Splicer for Phantasmal Dragon, while the Elguad Shieldmate can take up the role of providing protection if need be.