In a deck that can go wide on the board, as Knights certainly can, this ability is incredibly dangerous, and can easily finish an opponent off in conjunction with other board-buff effects such as History of Benalia
However, for this list, we want to focus on how many cards you can draw with its ability, which you can use when one of your opponents passes their turn to you
Some folks call these misprints a problem, but others disagree
It also makes two additional Faeries when it enters the battlefield
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The next set, Fifth Dawn, concludes the story