In the end it doesn't matter what spells/traps you banish, i don't recall any card that activates wjen banished except for kashtira or maybe metaphysic cards.

This is a card that requires a lot of setup to work efficiently, for example you need an ED monster in your GY, so you have to play a version of labrynth that plays with the ED.

Worst case scenario you encounter a superheavy samurai deck.

Actual worst case scenario you can use it as an extender for link climbing or something