Yep, but the price of using it as CC is sacrificing a creature with even greater HP of the one (or ones) you're going to kill. And the Chimera has got gravity pull. It would last 1 turn or 2 in most cases, provided you didn't build a deck which makes large use of this card and armagios/other high HP creatures, which would require a focused deck strategy, balancing the nice combo. Otherwise, you target 2 of your opponents' creatures and use this card strategically to remove dangerous ability from the field, but give him a chimera, which could potentially become dangerous.