hey, John,
You might want to reorganize your list a bit. For example, your water treatment is under "emergency" yet you will treat all the water you drink, yes? You list a garbage bag under cooking, but is it a pack liner? Or a bag for garbage?
A few observations:
Yup, the tent is heavy. Have you considered a tarp? Do you have any experience with tarping? I'm working on a tarp setup right now that weighs around 20 oz and is under $30, but would require some skill and specific conditions.
Your utility cord is pretty heavy. There are several options at the hardware store that weigh half as much. Look at mason's line.
If you're going to be at any elevation, I think you're going to want something warmer than a microfleece for camp, or inclement conditions. Patagonia has a lot of new models out, meaning that last year's models will be around cheap (though you may end up with a snot green or blaze orange). Maybe even just a vest in addition to the fleece. First Ascent is also decent and relatively inexpensive, though I always try to have this layer be synthetic.
What are you going to fix with your leatherman? A mini swiss army knife at .5 oz will have everything you need…unless you need a bigger knife to deal with the fish?
I used to always carry a space blanket, but with synthetic down and decent rain hear, I nixed it. YMMV.
A grill? For what? Fillet the trout and lay them skin side down on the coals. Come out perfect every time. If you're in a no-fire area, poach them.
If the trash bag is a pack liner, it's a lightweight one. A leaf bag weighs just under 2 oz and is worth it. A trash compactor bag weighs a little more but is bullet proof.
What are you doing about food storage? Is that what the utility line is for? You'll need more than 25' and some stuff sacks. Search for the "PCT Method" on this site to get some good ideas. Also, I use OpSaks no matter how I'm protecting my food.
Those are my thoughts, but it's a good first try! Consider the tarp!!
Edit: I just noticed you said you haven't bought the sleeping bag yet. You might want to look at the REI Halo at a decent weight savings for not much more money. Also, look in the gear swap here. I just picked up a WM Highlite (16oz for 35 degrees) for 200 bucks. There are deals out there!