The stats on the card dont matter so much as the ability to grab multiple creatures from the deck when it dies
The floor here is a free land or random spell
Swords to Plowshares - 57% Path to Exile - 28% Smothering Tithe - 28% Enlightened Tutor - 24% Sun Titan - 21% Why
Theoretically, you can play Snapcaster Mage, trade with an opponent's 2/2, and then cast another instant or sorcery from the graveyard all in the same turn
Unlicensed Hearse can shut down entire strategies like Greasefang, Okiba Boss decks or any Dreadhorde Arcanist strategy in the early game
At least in Commander he'll be restricted by only playing one of each of those lands, but you can also rely on getting Jodah out on turn four and keeping him out, so I suspect it's a wash, basically