If the enchanted creature is red and has a characteristic-defining ability that specifies its types or colors, that ability will still have its effect because it's applied before the creature loses the ability
With the disappear mechanic, which is again ridiculously easy with ninjutsu, you can then steal one of the exiled cards for free
Since your opponents have to discard a ton, there's a reanimation sub-theme in the deck
The Spike As much as theres no doubt that The Soul Stone will be a Commander staple, competitively, its somewhat suspect
This interaction is a well-intended mistake of Jace, the Mind Sculptor level proportions
Going into this I knew that a precon with "Modify Matters" as a loose "theme" would struggle to figure out how to fill 100 slots and after looking at the cards it's worse than I thought