Yes, as long as the artifact is colorless or matches the color identity, you can include it in your deck
How To Use Spectacle Spectacle isn't the biggest, most format-defining mechanic of all time, but it is still a nice big of added value for Rakdos (black/red) decks that are causing opponents to lose life anyway
If you can stomach the cost, with the rest of the sets sold out and some singles already going for over $500, you'll want to lock in your preorders before everything vanishes faster than you can say Chocobo
But once you transform it into Phoenix, Warden of Fire, things really heat up
That means once youre ordering big batches, it becomes harder to justify versus PrintMTGs 500+ tier or MPCs bulk economics
Don't get too comfortable though, as the enemy is also present, with a stunning card for the newly resurrected Shadow Lord