What happens when you fractal these bad boys and have 9 deliver at once? You just get as many cards as you have empty slots?
The reason this could be better than precog is that it would allow 2 card decks. It's actually quite powerful with fractal, or mitosis...
However, It is slow to start and a sitting duck (or pigeon?) for a while. I think its fair as it stands considering that 2 turns to wait would probably make it better than precognition...
If you give it more hp you would need to up the cost to make it fair - I don't think it is worth it.