Are you ladder? Either way I'd ditch the Wizzy go for either:

Hand of Blessed Light
+130-160% Enhanced Damage (varies)
Adds 20-45 Damage
+50% Damage To Undead
+2 To Paladin Skill Levels
100% Bonus To Attack Rating
Regenerate Mana 15%
+50 Defense
5% Chance To Cast Level 4 Fist Of Heavens On Striking
+2 To Fist Of The Heavens (Paladin Only)
+4 Holy Bolt (Paladin Only)
+4 To Light Radius

The Redeemer
+250-300% Enhanced Damage (varies)
Damage +60-120 (varies)
+50% Damage To Undead
+200-250% Damage To Demons (varies)
+2 To Paladin Skill Levels
-33% Target Defense
+2-4 To Redemption (Paladin Only) (varies)
+2-4 To Holy Bolt (Paladin Only) (varies)
+3 To Light Radius

I'd suggest a Redeemer w/ +4 to HB and Redemtion. Thats going to be GG for your ass plus theyre easy to come by. It does more dmg to demons and undead too.
Also get some FCR gloves Mages or Trangs. Waterwalks are alright if you get +40 to lifes, but I'd try for some cheap Marrowalks or Scarabshells. Might as well get a Gangel too.