Moria (700p, 41 units, 7 might):
*Dragon, wings
-6 goblins, shields
-5 goblins, spears
-3 goblins, bows
*Goblin Captain
-5 goblins, shields
-4 goblins, spears
-2 goblins, bows
-1 dweller in dark
*Goblin Captain
-5 goblins, shields
-4 goblins, spears
-2 goblins, bows
-1 dweller in dark

I haven't used dragon in ages since it became part of moria. But do you think this list could be viable. It lacks range, has just a few bows to shoot some enemy horses, but has 3 monsters! Unit count is a bit low for moria.

It does look a really fun list!

I would worry though around the lack of might and if the dragon runs away you are dead in the water. Maybe get rid of one dweller, upgrade a captain into a named hero and add more gobos?

I always take a drum when playing Moria with a few goblins. It's just too good to miss out on imo. Especially when playing with something that causes terror like the dragon. Otherwise looks all good to me.