It's effectively a Cancel, but if I control a Wizard it's equivalent to a Counterspell
Turn two: Blooming Marsh, Llanowar Elves, cast Torgaar, Famine Incarnate by sacrificing all three creatures.Welcome to the best possible draw you could have to get Torgaar out on turn two

Fischer Starter 2 Player Starter Set Starter Gift Box Starter Demogame booster 1999-07-19 1999-07-19 1999-07-19 YES 002 103/173 Goblin Hero Pete Venters Starter 2 Player Starter Set Starter Gift Box Starter Demogame booster 1999-07-19 1999-07-19 1999-07-19 YES 003 42/173 Merfolk of the Pearl Trident DiTerlizzi Starter 2 Player Starter Set Starter Gift Box Starter Demogame booster 1999-07-19 1999-07-19 1999-07-19 YES 004 112/173 Mons's Goblin Raiders Pete Venters Starter 2 Player Starter Set Starter Gift Box Starter Demogame booster 1999-07-19 1999-07-19 1999-07-19 YES 005 24/173 Royal Falcon Carl Critchlow Starter 2 Player Starter Set Starter Gift Box Starter Demogame booster 1999-07-19 1999-07-19 1999-07-19 YES 006 87/173 Scathe Zombies Tom Kyffin Starter 2 Player Starter Set Starter Gift Box 1999-07-19 1999-07-19 YES 007 50/173 Sea Eagle Anthony S

A lot of your most impactful cards are going to be in the 3, 4, and even 5 or more cost range, so you'll be laying a lot of hopes on individual characters here (as opposed to building up a wall of characters as in the Amber and Amethyst deck)
Theater of Horrors is part of that deck and every time I play it, I know itll pay off sooner or later