Hulk in possession of items that run purely on rage and fear IS a pretty staggering thought when you start considering the possibilities. As mentioned: those emotions really are his bread & butter.
However, you included Larfleeze on the team. He packs the power of an entire damned Corps:
http://i.imgur.com/QiPq302.jpg
And because he hasn't squandered his energies over the eons on miscellaneous tasks, Larf's light still has FAR more power than the other Corps in the emotional spectrum:
http://i.imgur.com/394tPyf.jpg
What's more, Larf doesn't even need an Orange ring/lantern, nor does he need to recharge his energies. He literally IS the OLC's living Battery:
http://i.imgur.com/5QHdJps.jpg
http://i.imgur.com/cMeyz4A.jpg
http://i.imgur.com/rlc3RGE.jpg
That's why he can do shit like amp his power by 100,000% in the space of a single panel:
http://i.imgur.com/uT6cSTJ.jpg
That's why his constructs can tank/absorb the combined attacks of the Guardians:
http://i.imgur.com/dpdtria.jpg
That's why his constructs can effortlessly kill a group of Controllers(whom are equal to the Guardians):
http://i.imgur.com/0sEgnST.jpg
And on that note, anything killed by Larf or his constructs is added to his Corps:
http://i.imgur.com/tCBhFhE.jpg
...Even the identities of inorganic beings, like Brainiac, can be assimilated:
http://i.imgur.com/MTtalKM.jpg
*Here is a link to a mediocre Larfleeze respect thread if you're interested:
http://www.killermovies.com/forums/f98/t628047.html
/ShamelessPlug
tl;dr
Larfleeze wins, and gets his own personal Hulk construct as a parting gift... The other members of his team(powerful as they all are) may as well just be his support group.
