Since it gets a buff when you exile a permanent, youre not only shutting down a big play by your opponent, but also improving your own board state
Ive seen several draft booster boxes for about $120
Red decks need their removal to be able to go directly to the face, which is the one thing you cannot Terminate, and while being cheap is nice, the creatures you need Terminate for don't come out fast enough to reward you much for it being so cheap
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For two mana, you can force an opponent to mill ten precious cards (or at least burn an MTG counter spell to prevent this)
This helps you plan your future turns and play around their strategy and alter yours so you don't play into certain spells