Hmmm, How about this revised list?
Captain w/ Heavy Armour - 55
8 Swordsmen w/ shields - 80
12 Pikemen w/ pikes - 120
4 Crossbowmen - 44
All that comes in at 299.
I've thinned out the number of pikes, and added some ranged fire-power. One quick thing though, is four crossbowmen really enough to make an impact? or would they be best suited to shooting priority targets, such as captains, banners, and high defense guys guarding enemy fire-power?
-Oh, one last thing to note, I only play games with my friend(s), and the guy I fight does Gondor/Fiefdoms..., so Don't worry about the list's ability to perform against say... swarms of orcs