Doesn't feel great even in limited to me unless there's a load of ways to make landfall happen. Even then the payoff here isn't great either way as you've got to get two +1/+1 counters before you even feel like you got a good deal. Without gimmicks to make landfall happen it's pretty terrible as it's an awful topdeck and even on T4 it's not like limited decks will consistently hit their land drops after that.
Well, it's a mid-game mana flood payoff more or less. If you can ramp it into play by at least turn 3 you can make a bit of a presence esp. with things like Cultivate in the standard format. But then again there are better 4 cmc options than this thing available.