This is my current team as of this morning. I defeated the Elite Four last night, and I saved my game in Vermillion. Here's my team:
Noctowl (Nightwing), Lvl 52
Vulpix (Ignitia), Lvl 52 (where in the world is that darn Fire Stone? Lol, and there's no way I'm doing that lame Pokeathelon.)
Victreebel (Vern), Lvl 53
Steelix (Hard), Lvl 53
Magneton (LiveWire), Lvl 53
Feraligatr (Typhoon), Lvl 55