Played this list to a 3-0 in our Two Headed Giant draft today.
UG Value
My teammate played this list:
BW Control/Reanimator
Not quite sure about the exact number of basics he played.
In most of the games I just played a solid value curve while my teammate used his various removal spells on everything that moved. Recurring Nightmare never got online, mostly due to lack of early creatures.
I also once used my Compulsive Research on him to get his Angel of Serenity into the graveyard where it would be Animate Dead'd. I love when these team interactions come up.