No way! Each race has their own setbacks!! The best combo I found that I created, was to have Redguard as your Race--The Mage as your Birthsign--and to customize your class according to what you desire. Redguard automatically predisposes you to being really good with weapons while having an inborn resistance to disease...combine that with a Mage birthsign--you get the extra 50 points when you use magic; and when I customized, I named my Class "MageProtector": I picked: Heavy Armor, Alchemy, Alteration, Conjuration, Destruction, Restoration, and Acrobatics as my major skills. So you can wear steel armor without being encumbered and do some flips or jump out of water, mix up some badazz potions, and cast all kinds of spells--while having the benefits of being a natural with weapons, having natural resistance to diseases and poisons, and all the benefits that come with a Mage birthsign! I honestly don't know how you can top that!
If you can, let me know!