i'd tweak it a bit:
12# pale
1/2# caramel 60
(maybe 1/2# victory, if you're set on including victory. Otherwise, skip it and let the hops shine)
1oz dry cascade @ 15, 10, 5, and 0 = 3 oz wet @ 15, 10, 5, and 0.
Remaining hops to desired bitterness @ 60.
Dryhop 4 oz for 10 days, 4 more oz for 3 days (ie, add them after the 1st week).
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simplicity really is key with an IPA, especially with wet hops. Too much malt activity, particularly from crystal malts, masks the nuanced addition that wet hops grant.
oh, and you're going to lose a TON of wort to hops. be forewarned.