This is what I think I'll do:
Make the prereqs Fanaticism (by far the most fitting tech) and Combat V
Remove Mounted from the UNITCOMBATS.
Probably add a Redactor spell that gives a promo (not Implacable) to MOUNTED units. (Redactors can give the Gift to the horses.)
Perhaps reduce the Healing rate in enemy/neutral territory.
I'm not very concerned about Implacable's power, but I do want it to seem special. I think my superior different play-style kept purchases of Implacable sufficiently rare in my games, but that's not holding true for others.