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In addition, bounce has always been a blue theme, so the card made more sense as a monoblue card

You can find this card in almost any condition, with heavily played (HP) starting around six dollars, moderately played (MP) moving up to about ten dollars, lightly played (LP) jumping up to the $15+ range, capped off by near-mint (NM) copies, which command as high as $17

Why Invest

Counterspell does the job just fine for 2 mana, and Negate is a solid backup that hits most non-creature spells you'd be worried about anyway

There is no clear distinction between a straight edge and a wavy edge

Some are going to take advantage of double triggers for Phyrexian Arena, others are going to win the game in short order with Mechanized Production