It's just -3, and it's incredibly easy to abuse on the third turn
The hexproof will keep it around until you have a field full of reach creatures to send on the attack
It provides early interaction and late-game card advantage, which is exactly what those decks want
Some abilities may trigger at the beginning of the Main Phase, as described on the card itself
But it just hits my 10th spot out of 40

Katara Wishboard Skeleton View on Archidekt Commander (1) 1 Katara, Seeking RevengeKatara, Seeking Revenge In-Deck Lesson Options (10) 1 Aang's JourneyAang's Journey 1 Accumulate WisdomAccumulate Wisdom 1 Azula Always LiesAzula Always Lies 1 Environmental SciencesEnvironmental Sciences 1 Expanded AnatomyExpanded Anatomy 1 Introduction to ProphecyIntroduction to Prophecy 1 Mascot ExhibitionMascot Exhibition 1 Sokka's HaikuSokka's Haiku 1 Teachings of the ArchaicsTeachings of the Archaics 1 Waterbending LessonWaterbending Lesson Wishes (10) 1 Arcane SubtractionArcane Subtraction 1 Cunning WishCunning Wish 1 Death WishDeath Wish 1 Divide by ZeroDivide by Zero 1 Dream StrixDream Strix 1 EyetwitchEyetwitch 1 Fae of Wishes // GrantedFae of Wishes // Granted 1 Hunt for SpecimensHunt for Specimens 1 Poet's QuillPoet's Quill 1 Pop QuizPop Quiz Sideboard (11) 1 Boomerang BasicsBoomerang Basics 1 Confront the PastConfront the Past 1 EnergybendingEnergybending 1 Introduction to AnnihilationIntroduction to Annihilation 1 It'll Quench YaIt'll Quench Ya 1 Mercurial TransformationMercurial Transformation 1 Octopus FormOctopus Form 1 Secret of BloodbendingSecret of Bloodbending 1 Water WhipWater Whip 1 Waterbender's RestorationWaterbender's Restoration 1 Zuko's ExileZuko's Exile Katara, Seeking RevengeKatara, Seeking Revenge is a commander that will see almost no play without a Wishboard option, because, as you can see, the Lesson card pool in Dimir is very small
