The Mirrodin era flavor text always cracked me up: Reinforcements or refreshments
I guess that is all in the eye of the beholder
It has a tiny bit less redundancy on getting a big creature in the graveyard, which is why it might need to skip on a Persist, but even if Priest of Fell Rites is only threatening to return Grief, thats still very good

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This is especially true for continual card advantage that gives you extra draw each turn, rather than one-off cantrip effects (spells which tack on "draw a card" as an added bonus)
A draw engine that can go in every deck is already dangerous, the fact that its one of the most efficient draw engines ever printed exponentially compounds the possibilities for it to snowball