Thats the most useful comparison, even if the old premium isnt exactly as cool
Especially in todays environment, and with how far power creep has gotten us
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I dont know how cEDH feels about it being a staple or if its truly additive there, so I wont speak on it
In the case of the former, its because the best choices vary not only by color identity, but often by specific deck building limitations: Seismic Assault and many other red effects want you to play an extra-high land count, while a black deck with reanimation and Tortured Existence obviously cares about discarding creatures
There is the the combo direction as well which links this archetype up to things like the Birthing Pod creature combo decks