Rate My Backlinking Strategy

Completely dependent upon how difficult the keywords you're trying to rank are.

Few things to note:

How do you plan on indexing your "low quality links"?

Do you plan on setting up any linkwheels and then linking to them?

Whats your strategy for high PR homepage links?

The above looks like a good start. Always remember to test/tweak based on your results as well.

After the recent changes in google ranking algorithms, getting links from similar themed sites is the way to go. In that direction, homepage backlinks are currently the most sought-after means of getting good backlinks to your website.

The key to getting ranked is finding out how many backllinks your competiton has and then building more links. I use the following model to find out how many links i need in order to get ranked above the competiton.
1. Google your keyword and copy the link of the person in spot one.
2. paste the link into google search and add link: in front of the url.
3. at the end of the URL put /and the keyword behind it (The Link should look like this)

link:http://www.goodlinks.com/backlink

4. If they have optimized their site the right way it will show how many links they have built for that specific keyword
5. Proceed to build 30% more links than your competition and you will outrank them in one to two weeks

I hope this helps... On a side not. Link type diversity is key along with keyword diversity and more importantly you need to be building links using different Class C. IP Clusters. Google can tell where the links are being generated from and if you are the only one building links it will look like you are link spamming. A good idea is to use ODesk or Backlinkteam as you will have link builders building links from seperate IP Address and you can get links built for 1 to 2 dollars an hour. Anyone can afford that! Also, Deeplink each page with a specific keyword to each page!