It was competitive with the colored four drops, and my second major deck used it as its four drop despite being three colors - and a control deck
Its facing a weird meta now after some nerfs to dominant decks like energy, but with Eldrazi emerging unscathed from bans
True or not, it certainly does give me hope that my fears are massively overblown
While it is true that a few of these cards have now been Masterpieces twice (Mana Vault, Ancient Tomb, Through the Breach), we need only look as far as Mana Crypt and Sol Ring for examples of cards that have had multiple rare and shiny versions that have tended to trend upward together once the Masterpiece started to rise
It's fun to play and enables many possible strategies: Merfolk, +1/+1 counters, graveyard strategies, or good old-fashioned midrange with creatures that generate value and get more prominent as the game goes on