[DISCUSSION][STANDARD] Is Memory Theft a constructed playable card?

Looking over the lists being played at Fandom Legends right now (link), it seems to me like [[Memory Theft]] may have a place in black sideboards. Costing 2B, it allows you to choose a nonland card from the opponent's hand to discard, basically a [[Drill Bit]] without spectacle up until this point. However, the kicker is that you can also choose an opponent's exiled creature that has an adventure and put that card into their graveyard. This is essentially a discard from exile for the adventure creature.

So, at worst, it's a full cost Drill Bit, which isn't great, but you do get 1.5 cards if you're playing an adventures deck. I think a primary use would be to hit [[Fae of Wishes]] in the Jeskai Fires lists, especially if you can take the card they just wished for and kill the Fae so it can't fetch another. It also seems reasonable against all these Adventures decks since it will almost always have a target ([[Lovestruck Beast]] seems like an especially good target if you're on the play), and almost every other list seems to be running Bonecrusher or Murderous Rider or Realm-Cloaked Giant.

Perhaps it simply isn't playable since your opponent has to have already used the adventure for you to get the extra value out of it, and spending 3 mana on sorcery-speed targeted discard is always a little rough. Drill Bit was only marginally playable because you could play it for B with spectacle and keep playing threats. Veil of Summer is always lurking, too. But if we're in a meta where adventures are being played in virtually every list and there are some dedicated adventures lists too, maybe it deserves a sideboard slot?