For one colorless mana and one blue, this flash creature is just a 2/1
"Financial Results Briefing for the Fiscal Year Ended March 2008: Supplementary Information" (PDF)
Its had more than a few purchases lately, possibly due to its status as the most valuable OTS card so far, and the extra attention OTS cards have gotten thanks to the next card on this list
Pretty much all of the Boros Convoke lists on MTGDecks recently have been running the new cards
Only exiling noncreatures is a touch restrictive, but its well worth the cheap cost, plus Haywire Mite synergizes with any cards that want cheap creatures or artifacts to go to the graveyard, and Urza's Saga or Trinket Mage find it
It's a 'bad Island' when you play Glasspool Shore, but it's a cheap clone when you find the opportunity to cast the front side