(Incidently, I remember how much you appreciate "trade-offs" a la Cthulu, so I thought you might like to see this as well, Ironbeard. Read on, but I must be honest. I don't think I've ever really cared for the cleric and this makes me think I wouldn't miss him much were he gone).
Take a look at the original post for all the details, but I'm most interested in what he does to magic. (Although his modifications of Damage/Hit Point is equally interesting). Here are the highlights:
MAGIC AND MAGICIANS
(1) There is no division between 'cleric' and 'magic-user' spells - all spells can be learned by magicians following the Vancian system.
(2) No Spells above 6th level.
(3) Spells are grouped according to three different "schools": White, Grey, and Black Magic. Akrasia breaks it down even further: