IVV how'd the Iron DM go?
Let me think about it...this is a small village, after-all. Not some large city with a wizard's guild and Ye Olde Magik Shoppe. I want to be fair and not limit your purchases too much, but at the same time I want to make sure everything and the kitchen sink isn't available either.
Bellus looks good except for two things: 1) he should have 30 hit points (round up every level), and 2) he needs equipment. All the other crunch looks right to me. Oh, and 3...you only used 36 point buy, but I think that was on purpose because you didn't have anywhere to put the last point.
Equipment question: Magic Item Compendium in play?
Rhun, we'll just keep both wands of lesser vigor. I'm sure you'll manage to find ways that require their use.