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I know Land Raiders are extremely awesome and is one of the only Grey Knight Anti - Tank Weapons but are they worth it for the points cost, considering Grey Knights chew up a ton of points as it is?
In very large point games (2000 points +) I'd say yes, but they are simply to expensive in a GK army to have in any smaller battle, we have so few troops as it iis it only weakens the army overall. Teleporting is a much.. well not better as you can go off course and such, but cheaper in the very least.
However, if you were running a DH army with lots of stormies in it, it suddenly becomes more viable in a small batter as you already have a good number of troops.
id also think of the crusader, the awesome firepower, attwelve inches itcan spew out 16 shots when it doesnt move and itcan always fire it hurricane pattern bolters, ideal for storming an inquisitor+retinue in to the heat of battle (ahhh holocaust) as they cant deep strike with plenty of support fire.
I agree with both of the other replies, but remember that nothing in invincible, especially when you're playing against anyone who has Bright- or Dark-Lances. Even still almost certainly worth taking once you have a nice solid core of troops.