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You should not expect to see this in any other formats, and its something the PFP [Pauper Format Panel] is specifically interested in and thinks Pauper can handle given the accessibility of building decks and the predominance of online play, PFP member and Magic principle game designer Gavin Verhey said in the accompanying blog post explaining the decision

There have been no significant price movements lately for Myrel, which indicates cautious confidence

Youll still search your library and shuffle it

Its also good as Voltron support, especially when partnered with cards that grow quickly (Ishai, Ojutai Dragonspeaker or Rograkh, Son of Rohgahh + equipment)

But the ability to also downgrade a utility land like Abandoned Air Temple or Ba Sing Se at no additional cost sets it apart from Slagstorm

Second is the limited space