With a surface level of evaluation this is just a heavily over-costed Night's WhisperNight's Whisper, a card normally not run in Commander in favor of better card draw
More positively, Convoke and go-wide decks generally seem to be in a good place now
The downside here is bad, but as it does enter untapped and always taps for at least colorless, that at least helps set the floor appropriately
You can still get those two rares in a pack, you can still enjoy the higher power level, and the influx of reprints will bring down the second-hand prices for those who just want to buy a few singles to upgrade their Commander deck
Axebane Ferox Axebane Ferox is mostly worse than Questing Beast, which it obviously calls back to
If you got a copy of Timeless Wisdom at $40, and managed to sell the Fierce Guardianship on eBay for $35, youll be one of the lucky few