That could certainly be an interesting game, although as much effort would have to go into balance as thematics. Soulstone of the wolves would be huge in the early game, for instance.
I'd think the Flying Ship should probably go to Vanheim; ditto the Fenris Pelt.
C'Tis certainly gets the one only C'tis can use.
__________________
Wormwood and wine, and the bitter taste of ashes.