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1 Month: England

Sept. 1 - Oct. 1 2012: 1 Month - England, France, Spain, Italy

My wife and I have never been to europe. We would be leaving from Maryland in the USA (flying out of BWI). We are planning a 1 month trip next year, and are tentatively planning for sept 1st through oct 1st. We are tentatively aiming for 5 days in England, 9 days in France, 5 days in Spain, and 11 days in Italy. We are budgeting $10k. We are in our late 20’s.

First and foremost i’d like a critique, or any feedback on our proposed itinerary below.
1. What am I missing?
2. What would you add?
3. What would you take away?
4. Are we trying to do too much?
5.