While this is easily played with Nova/Snova, you still have to compare it to Titan. It has nothing in common with OE and will be played mostly in Cremation/Nova rushes. Animates optional, but it's a good alternative to Gavel if you choose to focus your deck on it. MA can also utilize it, of course, or any deck that needs a bit of shield bypass and can't afford to commit to it (Life, Light, etc.).
Titan is 5 for 7 and 5 for 8, but Momentum is better than spell damage. The cost is in line with Titan, so it's perfectly fine.