The problem that I had with wasteland was that the metagame relationship it was supposed to represent was never real: 3 wastelands at 360 is less than 1% of your cube. You just can't really base a "legacy feel" on that. In general, i think people in actual legacy play around wasteland too much, and its certainly incorrect to play around it in cube when its such a small % of the meta.
Now, players with a legacy background might overvalue it, but none of my guys have a legacy background, so its only impact in my meta was blowing up manlands (good) and sometimes mana screwing or color screwing someone (bad)-because thats, well, what ld does. Tec edge fills the same function, but does it without the negative, due to its condition (as much). So does ghost quarter at a fraction of the real world cost.
Also, the eliot quote is way better than then judge foil art. en garde!