45pts difference, but what's worse is that the black orc loses it's armed to the teeth when it takes a magic weapon.
I'd rather black orc warlord's be like 10pts cheaper and have the option to take armed to the teeth for 10pts.
In reality though black orc warlords should be 10pts cheaper anyway.
The weird thing though is that the big boss variety is more acceptable. They only went up 5pts from 7th to 8th and got ItP(which is worth a lot less now) and heavy armor in the bargain. Orc big bosses which were overpriced in 7th by 5-10pts, got the 10 pt reduction, which makes it seem more unbalanced than it really is.
The big what were they thinking question is, why did savage orc characters go up so much in cost, when they got nothing new and lost the ability to take mundane lt. armor?