What this card doesn't let you do is cancel Ancient Evils drawn by another investigator
Ungraded & graded values for all Magic PTG Magic Cards
Somewhat interesting with Infusion as well, though not sure what that list would look like
Your hit in a deck with lots of fast mana and card draw will likely be better than if you target a player that was playing a boxed precon - but youre equally likely to just run into a counterspell (with no target), a combo piece that does nothing for you, or a card thats straight up worse than what you initially cast
It may not be considered a budget deck, but you should be able to build a strong Bounce-focused deck without breaking the bank, especially if you get some lucky pulls like Cinderella, Stouthearted and Arthur, Wizard's Apprentice
Hondas ability is also strong enough to just be a mass pump effect for a go-wide strategy, generating a bunch of tokens and then attacking with E