You said this will only be used in mutations decks; but this seems absolutely useless in a mutation deck to me. At best, you are just redistributing your abilities, which are meaningless, but more likely you will just give away some of your abilities to your opponent. In fact, the only time when this is actually useful is if you are playing a deck filled with vanilla creatures, and even then this is way too expensive. Although even it were cheaper, I'm not really sure what I would use it for.
Basically, I don't really see anyone ever using this card in an effective way, feel free to correct me if I am wrong.