The defensive abilities are very nice, but lacking pounce or imp grab is bad. Armor isnt awful since it can wear barding, but no thumbs hurts. That con can make a heck of a meldshsper base even if you have to spend feats on higher chakras. Incarnum fixes a lot of issues, and it would make an alright totemist.

I think the package is good enough to get a very weak plus 0. I wouldnt be excited about playing it but i wouldnt hate it and i could keep up.