Its web-slinging cost makes it cheap to cast, and on entry you get a peek at an opponents hand before taxing one type of noncreature spell
However, because Regal Stance ends your turn, you may often find yourself unable to make timely use of any cards you draw from its effect and will likely be better served by alternative drawing options, like Kricketune Vs Exciting Stage
In addition, Arceus can be encountered an unlimited amount of times with this method, unlike Darkrai and Shaymin
It feels very eldrazi, acting as a twisted Panharmonicon but for colorless spells, as well as for triggered abilities from colorless sources
Given that Hyper Rares often fall below most of the Special Illustration Rares, it's no shock to see this trailing behind so many others