I find myself in a unique position to comment on this card

. We've been playing with
Larbac's Treachery, an instant that Sleights one word to another, in our type four stack for a long time now.
I assure you, the effect wins games when you see it, and it is too good, and too complicated, for noncasual play. However, I highly suggest you try it a casual format, type four being optimal because of the swingy cards.
Here are some things that actually happened in our games
Inferno: "Inferno deals 6 damage to each creature and each
Andy." (There are two Andy's in our play group)
Reito Lantern: "3: Put target card in a graveyard on the
topof its owner's library. (and cleared the board with with Yet Another Aether Vortex and Door to Nothingness"
Tower of Fortunes: "T: Draw 4
games" (we play for ante, at the end of the round cards at random from each players deck get redrafted in order of victory. In case of draws, there are random roll offs, this play results in 4)
Look at me, I'm the DCI: "Ban one card, other than a basic land, for the remainder of the
earth. (for the record, Yotian Soldier is not legal for play in Type Four)
Planar Portal: "6T: Search your
butt for a card and put that card into your
mouth. Then shuffle your
butt. (It was 4 in the morning, I was punch drunk, and I had a Mirari. My opponent failed to find.)