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Instead of Nearhath, you could use {Azorius Charm},  so it would have other uses too.

Ya I guess you could use either or depending on what kind of deck it goes into

{Boros Reckoner} soulbond with  {Nearheath Pilgrim}  have  {Boros Reckoner} be dealt damage to then cast  {Boros Charm} making your creatures indistructable. Have  {Boros Reckoner} deal his ability damage to himself and repeat this last step