It seems to mee that Ki Strike is a bit weak. Overcoming Magic reduction is nice, but withing a few levels, you should have an amulet of Might Fists +1 making that ability redundant. Lawful strike is was too situational, and The adamantite strike comes way too late to be of any real use.
So, I am looking at removing the existing Ki Strike ability and replacing it with something that looks similar to the paladin's spirit weapon.
Ki Strike: You can spend a Ki point as a swift action to add an enhancement bonus to your unarmed attacks equal to +1 plus an additional +1 per 5 levels beyond level 4 for 1 round. This bonuses can be normal enhancement bonuses or you can add any of the following abilities for the appropiate cost: axiomatic, brilliant energy, disruption, flaming, flaming burst, holy(Good Monks only), keen, merciful, or Unholy(Evil monks only). This stacks with any other enhancements up to the normal limits.
Pro:
Stacks with amulet of might fists.
Gives monk more versatility.
Con:
Unlike the current Ki strike, this one costs a swift action, and uses Ki Points. The current Ki Strike is active as long as you have Ki points.
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Prior to Pathfinder I replaced ki strike with Cogent Flurry. (Now Cogent Flurry is a monk bonus feat, since I'm OK with the monk as-is.)