If you want battlefield control, then I would stick with Conjuration and not Divination. The bonus spells will be better, too. If you're worried about initiative, switch your Con and Dex scores and take Improved Initiative. You'll have a +7 bonus to initiative at 1st level. Not too bad.
Also, the human wizard's favored class bonus is not that exciting. Unless your GM doesn't let you have easy access to buying scrolls, you can just learn all the spells you want (and don't want) from scrolls and pilfered spellbooks. If you have a familiar, the halfling's favored class bonus is better, but then you have to be a halfling. I'd just choose +1 hp every time, honestly.
I also have to agree with the air elementalist wizard. It's not at all what you're looking for, but it's really fun to play. I am currently playing one at 11th level, and I am amazing at shutting down archers, flying out of melee range, and blasting enemies with evocation spells. I guess you could do that with any wizard, but the air elementalist doesn't have to waste as many spell slots doing it. The only drawback is that a lot of the earth spells (opposed school) are awesome spells, but there are ways around that.
As far as a bonded item versus a familiar, I chose a bonded item (rapier). It was mostly for back story and flavor reasons, but I really love having an extra "spontaneous" casting of any spell in my book, especially when you gain access to a new level of spells and don't have as many slots available. Since wizard AC is terrible and I chose a weapon, I also crafted it to have the defending weapon property. I never use it for attacking, so I always apply its enhancement bonus to my AC. The best part is that it's untyped, so it stacks with all of my other AC boosting gear.
Some people feel safer with a familiar, though. Also, they can cast touch spells for you, but I'd never want my familiar that close to an enemy unless they can turn invisible. There are a couple of good improved familiar options that can do that (silvanshee comes to mind), but you'll have to wait a while before you can get one.
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Having a hawk familiar and the Eyes and Ears of the City trait (must follow Abadar) can give you a rockin' Perception score (more valuable than high initiative when it prevents surprise). Later on take Leadership for a monstrous cohort (instead of Improved Faniliar).
To the OP, I'd switch your CHA and STR scores -- you'll just get your head caved in goofing around in melee as a straight wizard. (CHA also affects your Leadership score if you go that route.)
Control Wizard is definitely party dependent, but if you have the right party I would easily pick control over blasting any day.
I personally think it's much more fun to Me-Doken my party BSF into the enemy using Telekinetic Charge than it is to cast disintegrate on a single creature. I also think it's more fun to cut out sections of the enemy party while my party wipes the floor with the remaining pieces etc.
Without a decent party though... I still wouldn't play a Blaster Wizard, I'd play something else. But eh, I guess I'm agreeing with what Atarlost said - to each their own.
Bah, I had a really big response that was just eaten by the internet!
Oh well.
Anyway, best recommendation I can give you is to remember that when you specialize you ONLY have to memorize spells from your specialization schools in your specialization slots. Basically this means that if you're a diviner, all your other spell memorizations can (And might as well should) be Conjuration or something else.
Pick your school specialization based on the granted powers, not on the specialization slots. This is especially true if your DM lets you replace specialization slots with spontaneous casts from Preferred spell.