Back to Basics used to be an amazing card. And then Wizards printed Onslaught. Now it's not.
Do you say this because of the fetch lands being able to grab the basic lands of a deck? But When you think about it how many basic lands are played in most decks. Maybe 3 or 4 at absolute most. It just seems like that if I were playing Back to Basics, and having one on the table, while playing other spells (such as draw spells, win conditions, etc) my opponent would be forced to do something about it. Which would make them do something weather counter a spell, play a blocker, etc. Its inevitable they will be tapping non basics. On the same token most BUG fish decks play 1 if any basics, same applies with alot of stax decks. I guess in my opinion this card can be extremely good in the correct build
As a matter of fact the more I look at tournament results and reports, the more im seeing how few basic lands are being played. Maybe im hyping back to basics up way to much
Well I've tinkered with the same thoughts a while back, but never really tested it (since steve came up whith chrismas beatings, and I'm not someone that like's to play blue).
From the top of my head here's where I started:
4 Null Rod
4 Chalice of the Void
4 Back to Basics (4 of each might be to much)
4 Force of will
4 Counterspell (if we play negate you could run the wasteland/strip mine complement)
4 Stifle (fetching basic's? I think not...)
4 Cursecatcher (good in BUg fish, so ...)
4 Spellstutter Sprite (simple good)
4 Cloud of Fearies (helps stutter...)
4 Ninja of Deep Hours (gives stutter another go+draws cards)
20 Island
Some intell on the list: only basic islands (hence BtB

+ the fact that you want UU open forl counterspell i)
Obviously this list is nowhere near perfect, (4BtB is probably to much) but it at least gives you a starting point (i started with the idea of a budget non powered deck, feel free to ad power If you like...)
Annyway,
To make a long post short: I also like Back To basics , and I'm willing to test/help developing a deck with it.
Greetzzzz.