Kellan, the Fae-Blooded Boros is the color combination you likely want to be in if you're playing an equipment deck, and the archetype is getting a new general hereand a spicy, rather adventurous one
Like most Pokmon cards, the value of Honedge depends on a few consistent factors: its rarity, the printing and finish (regular or foil), its physical condition, and the set it was printed in (BREAKpoint)
The ability to counter two spells just shuts down any deck not heavily based on winning with creatures (which includes many combo decks as well as control however getting this into play and active before a combo deck kills you can be a challenge)
Note that's not just once/turn or just nontokens, that's them all
Lethal Joke Item: While not strong in raw power, the Nagrarock's ability to turn enemies into frogs, which take more damage, barely deal any themselves, and can only attack, is very powerful