Well, I like the idea, but why not start this deck with the same basic's Smenen does, like:
4x chalice of the void
4x null rod (yeah, P8 for the win)
4x magus of the moon (realy screw you oponent's manabase)
4x stingscourger (DSC? Hellkite overlord? who?!? :s)
4x Mogg fanatic (welder? bridge from below? mox monkey?)
4x wasteland
1x strip mine (why not

not like we won't get red to cast spells

)
1x lotus petal (not restricted and cheap

)
4x Simian spirit guide (lotus petal 2-5)
Xx mountain (don't really know how much are needed but on +/- 20 lands... (including wasteland and strip mine) should do.
I Think some of the possible SB cards are: Ingot chewer, Tormod's crypt, Relic or Progenitus, pyrostatis pillar, pyrokinesisn...
Cards that might be useful are: Vexing Shusher, Pyroblast, Greater Gargadon, Seal of Progenitus,... whatever that might make this competitive

I don't really have an idea about the open slot's but I DO think something like this should do well in a good developed meta.
Greetzzzz
Robin.