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Anyone have ideas on how to make a 10-man warlock skyrunner conclave without spending $350?

I was thinking some of the popular Shining Spear conversions might to do trick, especially with the dark rider capes and eternal guard spears like these (not mine):

They look really good, and the right kind of thing.

Maybe grab a blister or two of the official warlock/farseer bike, and mix-in the parts from that.
If you really wanted the emblem on the bike (no need to, of course) press on some greenstuff molds.

That conversion looks good but I would grab some of the helmeted heads from Reaver Jetbikes. They're pretty cheap on eBay and it will give you a definite break between them and windriders. Plus they look sort of similar to warlock heads.