A problem in just about every format where it's legal, this sort of colorless card draw slots into every deck so easily, and the protection ability all but guarantees you'll have enough time to draw at least the first chunk of cards
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Scratch that
Also, Goldspan Dragon is a great pick if the deck is based not on Dragons, but on tokens and artifacts in general, with Treasures being great options for sacrificing permanents or putting lots of artifacts onto the battlefield at once
What you get in exchange for the slower speed is that anytime Pactdoll Terror or another artifact comes into play, each of your opponents loses one life and you gain a life
Subtly, it doesnt just give your creatures trample, but this artificer grants trample to anything attacking an opponent other than you (including the rest of the players at the table)