You control the effect, so you use it on your turn, which lets you play cards like sorceries and creatures and even drop a land
After all, its just a common that has been reprinted countless times
Seeing a strong amount of Commander play, theres definitely demand for this card, and the completely textless artwork is rather fetching
The hoops arent that difficult to jump through, but theyre presumably sufficient that everyone at the table wont be snatching up Shinechasers
Finally, Collected Company is a great tool to round up the deck, as it's a 4-CMC instant that allows you to look at the top 6 cards of your deck and put up to two creatures with mana value 3 or less onto the battlefield for free
No, wish cards are not allowed under EDH rules