Like most Pokmon cards, the value of Electabuzz depends on a few consistent factors: its rarity, the printing and finish (regular or foil), its physical condition, and the set it was printed in (Temporal Forces)
Your Launch and Cruella de Vil, Fashionable Cruiser are the only tools you have to deal with the Emerald/Ruby deck's Evasives, and launch requires you to play and banish an item, and you only have seven of those
So in a theoretical offensive situation, you can perhaps transform another battle with it, while pinging a potential defender to push more damage to any other relevant target(s)
So this isnt a deck you pilot so much as one you wind up
As a reminder, the set isnt legal for competitive play anymore, but for collecting and learning to play, its a great deal
MaRo has stated that he completely made up the fact stated in Our Market Research Shows That Players Like Really Long Card Names So We Made this Card to Have the Absolute Longest Card Name Ever Elemental when designing it