Yeah, I'm not at all enthralled with this lords pack. But then, I've also never been a fan of Chaos (inasmuch as I'm even a Warhammer fan at all) -- finding Norsca somewhat interesting about the closest I get.
I don't imagine WH3 will really be worth getting until after Immortal Empires drops. And even then, I'd personally wait until it was at least somewhat balanced, AND the turn times brought down to something approximating reasonable (since we all know turn-processing is going to be atrocious right out the gate).