I like it. It isn't overly complicated nor expensive, yet it has plenty of fun combos. I have been working on a casual Merfolk deck that was most likely going to be extreme attack, but I think you have swayed me to the side of mill.
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I believe when I first built this, Krenko did not exist yet.
I know I tend to run my mana differently than most people.
Surprisingly, it runs extremely well with the number of lands in it. Occasionally it gets hurt but not usually it seems.