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Bans discussion
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I don't play any formats where it's legal, but from videos I've watched, The One Ring seems to run away with games and I think an eventual ban is inevitable. As you say, though, it won't happen now because the set is too new and they have too much money they still need to make off it.
When you think about it -- what could be more flavorful than The One Ring being so powerful that it has to be banned? Arguably a great success by the design team.