Sadly, after adding the 24 points you need to pay for the Thunderbolts ATA this team ends up at 302 points, without the pogs.

I forgot about Bullseye ignoring Shape Change and SS. Was just coming at it from Nightcrawler having a difficult time carrying them back if he can't get his paws on them.

Ah, I counted on the guy had calculated correctly. Then swap Zemo for ul070 Doctor Octopus 39 and ui114 Bullseye 43 + Not so Special 3. So it's:

Bullseye 117
Norman Osborn 66
Doctor Octopus 39
Bullseye 43 + Not so Special 3
4 x ATA 8
= 300

Then you have two times Outwit that ignores Stealth and two attackers with range 10 or 11.

Or more simple: Bulleye + Norman + Moonstone + pogs.

So, I'm thinking the bottom line answer for the OP is: No. Not the cheesiest. Apparently, that still belongs to Thingatron or Kill box Nightcrawler, or LAMP or SIF or anyone who double TK'ed Black Bolt into your team just to have him Nova Blast-Pulse Wave all over you.

I wouldn't mind running this against the OP team:

BD Aquaman 105
DC75 Mera 85
SI Atlantean Warrior 35
SI Atlantean Warrior 35
SI Atlantean Warrior 35
=295 points.

kc flash feated up its not to hard to beat