It can go infinite if you have an engine that allows you to cast the same spell over and over, like Dramatic Reversal and Isochron Scepter
Hullbreaker Horror (Extended Art) [Innistrad: Crimson Vow] Set: Innistrad: Crimson Vow Type: Creature Kraken Horror Rarity: Rare Cost
Even though Iona can shut an unlucky Mono-colored player off, its extremely easy to remove with spells of any other color
Equip cost is pretty high and likely takes it out of contention for cubes with rares in them
If enough -1/-1 counters are put on Essence Channeler at the same time to make its toughness 0 or less, its last ability will see all of the +1/+1 counters it had when it died as well as the -1/-1 counters it had, and an equal number of each of those types of counters (plus any other applicable counters) will be put onto the target creature
Whats happened is that lost of people think that counterfeiting is OK when it comes to reserved list cards. In the mid 1990s, Wizards of the Coast published the fourth edition of Magic: The Gathering