You can also run it fairly, as a commander that provides both a mana advantage and card advantage since it effectively copies your instants and sorceries and gives you a discount
+ Creatures you control with power 4 or greater gain hexproof and indestructible until end of turn
Neheb, the Eternal loves the Axe, for example
Follow this card with a Ghalta, Primal Hunger and suddenly theres 12 damage coming out of nowhere
There's tons of other fun cards too, like giving Skullbriar an easy +9/+9 with Belt of Giant Strength, growing him while taking out threats with Ruinous Intrusion and Astarion's Thirst, or wiping out opposing creatures with Find // Finality
Blazing Bomb's first ability resolves before the spell that caused it to trigger