I think it would be cool for in future tournaments (if there are any) for the final battle to be fought at level 44 because that way it would be possible for the finalists to have master rank in certain skills. Also, if you think we need more contestants I'd love to submit another character
I disagree. At level 41 characters will have 90 in major skills from their specialization and 65 in major skills not from their specilization. Racial bonuses are +10 which means they just push skills to 100 or 75. If the characters were level 44 specialized majors would be 94 and non-specialized majors would be 68 so still no master skills, but you do get wasted racial bonuses.
I think level 41 is perfect for epic fights.
I feel dirty because I am not making an Orc......
EDIT: Maybe if Orcs had 10% magic resist instead of the 40 health....

Let's say you have an Ebony Longsword enchanted with 20 points of elemental damage and your Blade skill is 78 (level 26, specialized in combat, racial bonus). You do 15 physical damage + 20 elemental damage per strike. Let's say evrybody has a basic 50 AR from the heavy armor they are wearing. So enemies take 27.5 damage per hit before you factor in bonuses from race, birthsign, and magic apparel.
At level 26 an NPC warrior would have about 180 health. It takes 7 normal hits to kill him (blocking and power attacks mess up the numbers somewhat, but let's assume they balance eachother out). If he has 20% Resist Magic that saves him 4 damage per hit so in 7 hits it reduces damage by 28. As you can see 30 extra health is in line with 20% resit magic and much better than 10% Resist Magic.
The actual power of 30 Fotfy Health of course depends on level. At level 26 it's in line with the other effects, at level 41 it 's underpowered, but at levels 16 and 21 it's overpowered. So if you compare an Orc and a Redguard, the Redguard might be more likely to win the final match but the Orc is more likely to get to the final match in the first place.
If I make it to the final round and meet Morvalien there, I hope the Ebony Blade annoys her!
Gurkog the Hapless would be lucky to get in a single hit before he gets reduced to ashes.