Imperial Knight Colour Scheme Ponderings

I've bought a Imperial Knight quite some time ago. My plan was to make it a Freeblade knight who is not part of a knightly house. But I didn't had a good feel of how the colour scheme would be, so it gathered dust somewhere in my room. But yesterday it suddenly it hit me on how my Knight would look. So would love to hear your oppinions!

The colour scheme is not really one that you would expect to see on a knight:

PSYCH!

Yes, Dark Eldar. Now, as much as I dislike these pesky elves, I totally dig dem colours and I think, with a few alterations, they would look smashing on a knight!! So today I took a knight picture off of Google and quickly edited it in Photoshop. The real model is going to be a bit more blue-ish but this will give you an idea how it's going to look like:

Mind you, all the heraldry is removed on this picture but there will be custom heraldry on the shield, banner, shoulder pads and the legs. And with that in mind I thought those red stripes made him perhaps a bit too busy, so for the second one I toned it down a bit:

So what do you guys think? Will it work on a knight? Are the red stripes on his back and upper legs too much?