It also starts with lots of loyalty and can immediately generate some blockers for your board, so its going to be extremely hard to get rid of once it hits the battlefield
Take as two good examples Derevi, Empyrial Tactician, who has an alternate play cost, and Oloro, Ageless Ascetic that always nets you life even when it's in your Command Zone
When the premier dumb beater in the format is Tarmogoyf, you are outclassed in creature terms
Sure, the hits wont be so good that your hands shake with excitement as you try to put the card in a top-loader, but you might actually fill those binders without having to sell your car.
This practice began with Strixhavens Mystical Archive, a collection of iconic sorceries and instants sporting a gilded scroll style