Very impressive vintage collection of magic cards, with very reasonable prices
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A bonus to a kill spell can be the difference between a foe focusing on your most valuable Merfolk (the MVM, if you will) to changing their mind and destroying one of your other opponents' critters instead
BSJ may take legal action that BSJ feels is appropriate
It can also be played in a control deck, since it can offer plenty of card advantage, allowing you to destroy a creature and an artifact with only one card
Also you could argue that first edition only made sense early on in the games life, when how rare/special a card is was unclear to new buyers