After flipping Thing in the Ice, Awoken Horror immediately cleans the board and presents a huge threat. Smoldering Egg's flipside is a 4/4 flier that shocks on every spell cast. This is stronger against midrange decks with lots of creatures that create value on ETB -- you'd much rather shock a Mulldrifter than bounce it. The body is also nearly impossible to chump, thanks to flying and the shocks, while Thing in the Ice has nothing to prevent chumping (by creatures entering after it flips). The flipside of the Egg is probably worse than Thing's, but both are very good, and the 0/4 frontside, which is much more relevant in the matchup, is the same.
From my understanding, this doesn't work with discounts such as Delve/ Phyrexian mana.
The thing is cards like Magmatic Channeler/ Kilnd Field, Bedlam Reveler are all playable, but it depends more on your red's sections composition. My red needs to support polymorph, twin, wildfire, storm, aristocrats as well as traditional red burn. Therefore, a lot of red two drops are non-starters for me.
The part I do not like about this card is the red spells matters deck should be attacking, not defending - it should primarily used burn spells to clear the way for rabblemaster, Swiftswear, Pyro etc.
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I'm actively maintaining a comprehensive article to help explain to new cube players how some complex vintage level cards work in a cube environment.
Seems decent.. pretty narrow though.
Thing in the ice can be played as an 0/4 wall without too many instants/sorceries to act as an anti agro card.
Red is primarily an offensive color that is used as supplement in other strategies (combo/ramp first ->)
It's sideboard value is very limited and it's only good in one shell (UR with a bunch of sorceries/instants).
If it was busted in that strategy, i'd be interested in something that narrow, but I don't think it is.
We support Jeskai spells matter, but this feels like worse than what we're currently running. If I wanted an additional option I'd run this, but the deck feels like it's in a good place with existing options.