While you cant use it to come out ahead on a sweeper in the same way that you would with other white protection spells, there will definitely be circumstances where you dont mind saving the many in order to save the few
Liers flashback ability lets you cast every spell twice, which is some incredible card advantage by itself
Artifact draw spells are at their best here particularly anything with affinity for artifacts
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If you control six or more enchantments, instead you may put a creature or land card from your hand onto the battlefield tapped. We regularly talk about how powerful the ability to cast spells without spending mana on them is, but putting them into play directly is even more absurd
You cant focus on card advantage and have a good way to use your extra mana early in the game, so the opponent wont be able to keep up