It is a weak threat with no evasion, reliable value or resilience to removal
Lost Origin (2022) Giratinas Gamble Big Risk, Big Reward Expected Value vs
While not terrible in tri-color decks, Vivid will obviously be huge for five-colored decks like the Dance of the Elements precon (more on that in a minute)
In any case, any alt-art foil Ugins will be worth more money than anyone wants to have to admit they spent on a Magic card, and they will probably never be cheaper than whatever their price will be a few days after the prerelease.
But usually, a prolific custom MTG card maker will dart around a bit - they might design a powerful commander one day, a new planeswalker the next
I believe that WotC's current financial results strongly suggest that the overall answer is No. Yet I also believe that we cant think about Magic as a single game (as it was 30 years ago): modern MTG is more like a collection of different games that happen to share game pieces, and some of those games are more welcoming to new pieces than others