I do fine. Lots of extra cash to spend on big metal allies.
Rather than being front line I use them as a distraction to land a bunch of quick hard hitting attacks, either with arrows or with my sword in their back after they engage my men. I can run pretty fast.
I got sick of playing as a crowed charging knight, most of my points go into archery skills while a little goes into power strike/iron flesh.
My INT and CHA suffers but then my in-battle tactics just flow into the world map, assisting allies rather than attacking on my own. It's difficult but fun, wish the mod had a few more choices for leather/cloth armor.