Red Havoc should stay, they are a very strong item (I have them glued to mah feets)
Situationally, I would say Devilshark but Farstriders for threat if needed. (Devilshark for me. I have the Gilded Thorium in the bank...one slot where I like getting a little avoidance AND BV)
I have not been able to get the watch to drop despite probably killing Moroes 20+ times...well, until last night when I am there on my healer. I use a +45 stam with DM: Venngeance card.
Full on need to be my best vs. a raid boss (say Gruul, maybe)
Devilshark(if I had the Illhoof cloak, I'd wear it, I think)
I don't have Elusion or the watch so same set up though those 2 items, especially being able to pop the watch in Ph2 would be nice.
your hat may be nice, but I have the little white tank top that says Legendary right across my boobs. I win. (or more correctly, H wins)