The downside, of course, is that he's made of wet tissue paper and will explode on contact with enemy attacks
-Bow of Loren: I like how cheap this is. I plan to include it on a BSB whose primary function is to stay out of combat. He can run around and contribute some Armor Piercing arrow fire (the BoL is an Asrai Longbow) and still feel useful. Since our steeds are Fast Cavalry too, he can fire on the move with some Sisters of the Thorn. Not the armor-stripping ass kicker it used to be, but the cheap point cost makes it easy to fit in a supporting role.
-Helm of the Hunt: Similar to the Daith's Reaper, I can see this being a good item for players who want to build a shock-and-awe combat character. Its cheap cost means it fits easily into a lot of wargear setups, and is also good for fluffy players who like their Wild Hunt theme. It's the closest you can get to making a character part of the Wild Rider "kindred" and its rules remain solid, though I personally have doubts about spending a lot of points on fragile Wood Elf combat characters.
-Acorn of the Ages: A game changer. This will be a must for Wood Elf armies that really want to maximize combat potential. Having 4 Poison forests on the table, which not only grants us our army attribute but also gives basically all our units Poison Attacks, is fantastic. Very good for setting ambushes, with Eternal Guard or WildWood Rangers camping out in them waiting for opponents to get close (great suggestion by EtherDude on that one.)
-Moonstone of the Hidden Ways. Combine with Acorn of the Ages for endless trolling. For players who don't want to cavbunker their casters, this is an ideal way to protect them and keep them out of trouble.
-Hail of Doom Arrow: I love this thing. I've loved it since 6th edition. I also love that it fits nicely with the Bow of Loren on a Glade Captain. Wait for a critical Withering on your opponent, use it to shred a caster bunker to single out the character inside, use it as a stand-and-shoot to keep your own bunker safe, use it to finish off warmachines or monsters... So many uses.
-Calaingor's Staff: I like that it's cheap. Could combine well with Acorn of the Ages, though I suspect players will prefer taking a Dispel Scroll on their second caster rather than this item. Still, good for correcting bad scatters with the Acorn. Also good for trolling shooting-heavy armies by moving forests into their firing arcs and imposing Soft Cover. Additionally nice for forcing Dangerous Terrain tests, The direct damage component is also very nice for keeping opponents wary of the forest... A little item, but limited in the sense that you need the Acorn of the Ages for maximum effect, and then probably need a third character to also haul around a Dispel Scroll for players who want that too.
-Banner of the Eternal Queen: Did this thing really have to be 100 points? I would have loved it at 50 points, and found good use for it in a unit of Sisters, but 100? I do think its best place is in a unit housing a lot of characters, such as a Sisters of the Thorn bunker or a Wild Rider bus for players who want to try it. This lets the fragile, unprotected BSB sit in the back rank displaced by command models, and give both those cav units fantastic protection versus magic missiles (quite a big threat to both of them, especially Wild Riders.) If they get caught in a bad round of combat too, you get a turn to get them some help without losing your entire character allowance. Crown of Command is still better in that regard, but having Magic Resistance does help.
-The Banner of the Hunter King: Hmmm. This is great for a combat unit, especially an infantry-oriented combat unit, but unfortunately that's the last place you want an unprotected BSB. I could see the appeal for using it to shove a big Eternal Guard or WWR unit up the table and into a Poison Forest before the game starts, and then sprinting the BSB into the safety of another unit on Turn 1 to keep him from harm's way (perhaps a Wild Rider or Sister unit, where they can use re-roll Charges component to help hit flanks, warmachines, chaff, and other light targets where the BSB won't be in danger.) I definitely see the usefulness of this one in a meta that's full of other opponents who sit back and shoot, like Dwarves.
Honestly though, both of these banners could have been 50 points and I don't think anyone would have screamed about it.
