The transformation could take awhile, and once it happens, you get this card transformed back, which is a good thing because then you could potentially be drawing more cards
If you play Jafar Aspiring Ruler to give him Challenger +2, he could be enough of a threat to make his ability work, leaving another character exerted to challenge to finish the combo and get Fa Zhous 3 lore
Its simply a fantastic card, and the only thing that will hold it back from seeing widespread Standard play is the three different colors in the mana cost
However, neither of the "exile" abilities is granted to that permanent
It might be worth grabbing some battles on speculation because Wizards might print more support and lean more heavily into this new card type
While Deadly Dispute saw tons of Pauper play recently, the card did just get relegated to the ban list