It draws you cards, descends, loads the graveyard, etc This is a functional reprint of Sift, which in the olden days of Limited was a pretty good card
Get Odric, Lunarch Marshal or Concerted Effort onto the battlefield and have a good time
It's also possible Wizards will get creative in its interpretation of 'ways to win'
The determining factor in the success of the Final Fantasy Magic set seems to be the sheer number of mechanically unique cards, especially when looking at the staggering 162 new commanders introduced in the set
Throne of Eldraine was going to be the fun fairy tale set, and that was all overshadowed by the sudden bans of cards like Once Upon a Time and Oko
The reflexive triggered ability will trigger any time you lose control of that Equipment this turn, whether it's because the "until end of turn" duration ended or because someone else gained control of the Equipment with another effect