Sounds good :D The only thing that I would run past you is the idea of Flask Magic, which would be a Holder Magic that would take the place of Drunken Link, but he would have to acquire the flask first and then learn how to use it.
As for god-modding, there shouldn't be any problems there :D (At least, not intentionally). He'd basically be like Gray, but with bone. If said bone came up against the iron of an Iron Dragon Slayer, it's pretty fair to say the bone would break. A thick bone wall would cram at the very least.
Good to be aboard!