I dont see this thing making any waves in Standard, but that doesnt matter with such a surefire Commander hit as this
I do like what Talisman bring to the archetype however you have to be careful to not play too many of that sort of thing
Do you want to flood the board with tokens, generate more mana than all your opponents combined, or cast something enormous and ask the table to deal with it
Now, shell force a discard for an opponents effort
In a world where Rhystic Study, Mystic Remora and Esper Sentinel see near universal play, what does Faerie Mastermind offer
Take Faithless Looting, for example: you draw two cards, but you have to discard two, and you used up the Faithless Looting