A terrible card.
First of all, it costs 2. That's twice as much as Wyrm, the next card, and a LOT more than Scheherazard. Next, the ice has to be rezzed? You can't even play this card if there are no rezzed ice. And ice can only can rezzed when you run. So this card will be sitting in your hand most of the time. Finally, this card does absolutely nothing for most of the game. If you put this on Wraparound, you will pretty much always lose before it can actually whittle the ice down! And Architect completely nullifies this card!
Overall, this is just a terrible card that needs some new big cards to make it even remotely playable.