Sure, but why would I want to do that
Councils Judgment used to be a great removal spell in Legacy, but its fallen out of favor a lot in recent years
I don't think any decks want specifically this card for any reason, but all of the effects are useful in most artifact focused decks in the colors
The intersection of -1/-1 counters and aristocrats makes Yawgmoth, Thran Physician and Grist, the Hunger Tide notable additions
Freed From the Real has similar issues, but it has the advantage of letting you create your own Horseshoe Crabs or even making infinite mana with Arbor Elf plus Utopia Sprawl
This dilution has proved the market has matured: the Modern Horizons 3 Eldrazi Titans (/250) command $1,700, while a Niv-Mizzet from Murders at Karlov Manor with the exact same /250 print run sells for only $650