You end up only marginally behind if Dragons Rage Channeler lives to Turn 2, but on Turn 6 Channeler is just as scary as it was Turn 1
The Wand also has splash applications against the Selesnya Angel/Explore decks that have been popping up online in the last couple of weeks, answering both Shalai, Voice of Plenty as well as Lyra Dawnbringer
For one, land destruction is now red mana's domain, not white's, and current MtG cards are designed to not destroy too many lands too easily because that leads to unfun gameplay
Deciding on a strategy is likely to be the starting point for any deckbuilding adventure
Second, this card is pretty bad with Vayne's Treachery , as -X/-X effects reduce the number of counters it gains
Weeeeeeeell, lets start out with something a bit salty, Basilisk Collar