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HQ:
Njal Stormcaller 245 pts
Runic term. armor 25 pts
HQ total 270 pts

Elites:
Lone wolves x 3 60 pts
term. armor x3 75 pts
Storm Shield x3 75 pts
Melta Bombs x3 15 pts
Two Wolves x3 60 pts
Mark of the Wolfen x3 45 pts
total Elite cost 330 pts

total cost so far: 600 pts

Troops:
blood claws x 10 150 pts
Melta Gun 5 pts
Power weapon 15 pts
Lukas the trickster 140 pts
Squad total cost: 310 pts

Grey Hunters x 6 90 pts

Grand total: 1000 pts exactly

This has a grand total of 3 kill points if you kill everything. notice how the army is basically tailor made for this eventuality. Lukas is made to die, while Njal + the grey hunters would do some decent damage, resulting in a good chance of kill points for me. the Lone wolves would throw themselves into combat for their ability to not give kill points, and would probably die quickly, even with their storm shields.
Note: this is a killpoints only army. it would not do all that well when not using only the killpoints win condition. To those not familiar with the Space Wolves armies, Lone wolves do not give kill points if they are killed, only if they live through the whole game.
Would love to hear your opinions.