While technically it is repeatable each turn, it'll be hard for an opponent to continually create 5 creatures or walkers each turn after red-eyes attacks particularly since they lost 2 cards in process to keep the engine running and it has no protection by itself so simple Murder will take care of it
Its probably not happening that much in Constructed MTG, but imagine this + Autarch Mammoth a 5/5 haste that produces two 3/3 elephants is approaching Titan/Overlord efficiency

Commander Masters Silver Swarm Commander Deck $82.99 Out of stock Description About this item POWERFUL RIGHT OUT OF THE BOXTake your Commander game to the next level with a high-powered, ready-to-play deck PLAY WITH COMMANDERS GREATEST HITSTurn heads with a deck stacked with reprints of some of the greatest cards to grace Magics most popular format INTRODUCES 10 COMMANDER CARDSEach Commander deck also introduces 10 never-before-seen Magic: The Gathering cards FIVE-COLOR COMMANDER DECKget the Sliver Swarm Commander Deck, a White-Blue-Black-Red-Green 100-card deck containing 2 Foil Legendary cards and 98 nonfoil cards, and battle your friends in epic, multiplayer games COLLECT SPECIAL TREATMENT CARDSEach deck comes with a 2-card Collector Booster Sample Pack containing 2 special treatment cards (1 Rare and 1 Rare or Mythic Rare) from the Commander Masters set EVERYTHING YOU NEED TO PLAY AND MOREEach deck also comes with a 2-card Collector Booster Sample Pack, 1 Foil-Etched Display Commander, 10 double-sided tokens, 1 Helper card, 1 life tracker, and 1 deck box

Kellogg, apart from being a nice cereal, fits into Most Wanted perfectly
Was part of the intent with introducing subtypes right away to leave you more design space in the future
Those steps and phases still happen normally (along with the additional beginning phase)