Not to mention, you have the chance to get a nonbasic land with Planar Genesis, which could shift the game in your favor depending on what you hit
Forcing the opponent to discard an instant or sorcery removes an important damage spell, giving -2/-2 to a creature is likely to kill the majority of the creatures they field, and draining two life essentially undoes a spell's worth of damage
Wherever is on the other side is surely doomed
Master of Cruelties A niche card folks might not be aware of, Master of Cruelties does work in Rakdos decks that can easily ping you for the last life
Being an efficient answer to Geist of Saint Traft and Timely Reinforcements gives me hope that Bonfire of the Damned could potential revitalize the old Mono Red deck that was so successful in the early days of Innistrad Standard
Lyra Dawnbringer Lyra Dawnbringer functions as a true Angel lord , which makes lifegain-based combat her defining strength