Alternative blue ability:

­: Change the text of ~'s first ability from "each opponent" to "target creature or opponent" until end of turn.

It feels a bit contrived with blue - they get modifying text boxes, but usually it's a color word rather than modifying the targets or function of an ability, especially so that it's modifying it to be more red. Would this sort of ability be interesting if done a bit more often in blue? Self-modifying text boxes? What if it was:

­: ~ loses all abilities and gains "Whenever you cast a noncreature spell, draw a card." until end of turn.

Would that be more acceptable? Would it be interesting? Would it be fun? It feels flavorfully like switching P/T - swapping out the current suite of abilities in favor of something else. I know custom designs have dabbled in changing the text box of other cards (mostly as a counterspell).

I just want to point out that since the activated ability creates a delayed triggered ability, the effects of multiple activations stack. Considering the first comment on this card it does not seem like that's intentional.

It is intentional, or it's rather a result of the design I went with to get the desired effect I want. Given the fact that this set will mostly be played on Cockatrice, I'm not too worried about it creating a gazillion triggers if the ability is activated multiple times.

Though I'm not sure how you would word if you only wanted players to be able to draw a single card per spell regardless of how many activations there were. It'd just be "Activate this ability only once per turn.", right? Way too much text on an already pushing-it text box.