I don't exactly understand this build. I mean, it COULD be a novelty like Perma-Beginner, but it is in NO WAY practical.
By lvl 70, this build has all but no benefits.
1. How exactly does Magic Guard suck? This skill is what allows mages to stay alive because it pretty much lets mages take 20% damage. Until you hit 80 or so, this MP loss can almost always be regained with MP eater, and after lvl 80, you NEED MG to train well. Since clerics regenerate MP and can heal, Magic Guard saves you a TON of money, and gives you one of the highest "HP" in the game.
2. Magic Bolt has been proven several times to be less effective than Claw. At the very least, Claw passes through obstacles while bolt does not.
3. Why on earth did you not max bless? Aren't you TRYING to have more def? Since everything 1-2 hits you, you're going to be spamming heal anyways.
4. You're HP is very low, even if you ARE washing. You will NEVER be able to survive any decent monster after 120. You're INT is very low considering you can't equip luk weapons to make up for it. Your MP is probably going to be too low to ever Genesis without potting EVERY attack, let alone Genesis at 120.