A card is considered functionally identical to another card if it has the same card type, subtypes, abilities, mana cost, power, and toughness
Rather, a second "reflexive" ability triggers when you exile each opponent's graveyard this way
MTG X Final Fantasy Sets Explained There Are Three Separate Final Fantasy Sets And Some Secret Lairs There are several different Magic: The Gathering x Final Fantasy sets coming out at or around the same time
Older versions of that effect that dont give you a particular bonus include cards like Edric, Spymaster of Trest
With Puresteel Paladin on the battlefield, you could play all your free equipment spells, draw cards each time, and finish the game with a giant [c]Grapeshot[/c]
The main thing is that Arena and paper MTG are now going in different directions