From the weekly article...
www.fantasyflightgames.com/edge_news.asp
Just what Miskatonic University needed, more cow bell... er, card draw... overcosted and supported by a scrub mechanic FTW!!! /sarcasm
On the other hand, maybe FFG will produce some uber looping Zoog tech that will break this card!!! 
Sometimes it is more fun to get something that is not T1 (or even T2) just for the peanut gallery yuks...