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I have been fiddling with my 1000pt ork list for a while and have settled on a list that resembles my old kan list from the previous codex, namely

Mek w/kffg
Warboss with PF
4x Kans with rokkits
Dread w/2x scorchas
20x shoota boyz with 2x rokkits Nob pk bp
20 slugga boyz nob pk bp
10 lootas or 7 Tankbustas in a wagon

It is a solid list, preforms well, and is alot of fun. I have been thinking about swapping out the Kanz, and some of the lootas (no more space for the tankbustas in the wagon), for 3 more dreads, just for the joy of having 4 dreads in 1000pts, but I dont know if they will preform as well as my kans, and they are more expensive. Before I go out and buy/convert more dreads, does anyone out there run a list with 4 dreads, and is it worth it?

Kans are better in my opinion for the points. They are cheap, a bigger CC threat with numbers, better screen for your boyz, and have access to excellent grotzookas.

Kanz over Dreads any day of the week. Against other Walkers and Monstrous creatures, Kanz will actually perform better than Dreads because they'll have more attacks and more "wounds", so to speak. I2 is a huge drawback, making the Deff Dread a bully unit; good for whomping on the units that can't really hurt it, but bad against stuff that can.

Kans with grotzookas are also one of the shootiest units in the game against infantry.

zooka kanz all the way

as said by clam, they have more wounds so to speak, meaning it will take alot more to stop them.
the ranged weapons with grot BS is allways a plus aswell

rokkitz on them for anti-tank, grotzookas for everything else

Well, advice seems fairly unanimous, thanks for the input.