Dark Magician of Chaos

Why would you have a Dark Magician when you have a Dark Magician of Chaos? It's not as good as Black Luster Soldier - Envoy of the Beginning, but it has the added bonus of not being banned.

2800 ATK, 2-Tributes, and is very useful for preventing cards such as Sangan and Witch of the Black Forest] from resolving, since the cards in question wouldn't go to the Graveyard if attacked, instead, being removed from play immediately. But, this card has a major downside. When it is removed from the field (Be it via a Card Effect or Battle), it is Removed from Play. This includes if the card is returned to the owner's hand, or if it destroyed or tributed.