Absorb runes still don't stack, last I checked, so I'd use minor tactics, strength, and sup vigor instead of 3 of those. There's also no point, in my opinion, for so much healing (use either live vicariously OR vigorous spirit, not both).
Of course there's also the downside if this being slower than the standard cyclone axe/gladiator's defence or riposte/gladiator's defence builds, though for a bit of variety, it's not too bad.
Sundering hilt is possibly one of the crappiest mods ever, so I'd use an elemental damage mod (trolls are warrior mobs, after all, so it does more damage). A fortitude pommel is also sub-par to a +5 defence or +7 shelter when it comes to taking hits, though if you're going for efficiency a +20% trollslaying would be better.
Edit: Oh, and a shield with -2 damage while enchanted would be good, in addition to the +30hp.
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