Wisdom-Eye Magician is an okay monster on its own, but like most Pendulum Monsters, benefits from being in the Pendulum Zone more than in the Monster Zone.
 
Nothing jumps out about its stats as a monster. Standard ATK/DEF, Attribute, Type support. Ability to change a scale of yours that is different than its original for a turn can be a handy option to have, but most of the time if you changed your scale it was willingly. As for its Pendulum Effect, popping to search is a common effect within the Pendulum Monster realm. You likely will always have a “Magician” or “Performapal” in your Pendulum Zone to use this effect. 11 total choices for this card to make with this Pendulum Effect. Some protect your Pendulum Monsters from spell/trap cards, while others can alter the rank of Xyz monsters you control or make them able to be used as materials. Others will alter your scale or add resources to your hand.
 
It is obvious why this monster was limited to one: it gave you too many options as a player to be a “balanced” card. With the pool of potential monsters able to be searched by this card so high, something had to be done.
 
Advanced-4/5
Art-3/5
 
Until Next Time
KingofLullaby

Today we review another limited card, Wisdom-Eye Magician. He has very searchable stats (in traditional) with 1500 Atk and 1500 Def. He is a Level 4 Light Spellcaster-type Pendulum monster with Scales of 5. Level 4 is the best level for Pendulums and he has the high scales. Now why was this guy limited? Must be the effects. 
 
His monster effect isn't great because of the cost. Discarding Pendulum monsters puts them in the Graveyard where they don't want to be. All you get for that discard is to turn one of your scales back to its original scale. Some scales do change when their corresponding monster isn't on the other scale, so this could fix that, but again, you'd only be fixing it until the end of the turn you discard Wisdom-Eye Magician. His Pendulum effect is yet another way that Pendulums get to put themselves into the Extra Deck while maintaining advantage and field presence. He destroys himself while you have a Magician or Performapal as your other scale so you can place a Magician scale except himself. He doesn't have to do this only once per turn, so if you had another Wisdom-Eye Magician in your hand, you could do it again.

I believe this is an OCG limit and not a TCG limit because they have and use more Magician pendulum monsters. That being said, I can still see why this card of that archetype received a limit. 
 
Score: 3.5/5
Art: 4/5
 
-WarlockBlitz

We continue our first banlist week with a card that some people were surprised to see hit: Wisdom-Eye Magician.
 
This card did not see a lot of play due to Magician Decks not being popular in the metagame. However, Wisdom-Eye Magician was a very powerful card that provided both consistency and power to the Magician Deck, being able to search whatever Magician you needed while also loading a Level 4 monster in your Extra Deck.
 
In DracoPals, Wisdom-Eye Magician could also be used in conjunction with Rescue Hamster to quickly load your Extra Deck, although this build was not as popular as the Guiding Ariadne build.
 
All things considered, the Limit on Wisdom-Eye Magician wasn’t necessarily warranted, but it did provide an extra curb to Pendulum Decks, and the card would have likely become an issue later on if he had been left unchecked.
 
Rating: 4/5

Card: Wisdom Eye Magician

Status: Limited (One per deck)

…....I........ I don't get why this card was restricted at all. It seems like it's more of a burden to its theme. Not only does it have weak battle stats (1500 all around, though that makes it fetch-worthy), but it also destroys itself when paired up with another Magician or a Performapal in the Pendulumn Zones. Granted, you basically get a free Magician from the deck as a result, and this effect is optional, but couldn't you just summon a high-level Magician into the Pendulumn Zone anyway? …....Yeah, you're right, a free mage straight from the deck does sound really good.

Now look at its Monster effect: by discarding Wisdom Eye, you power down a Pendulumn card from whatever scale you've boosted it to, to its original scale. If we're talking about a 3-scale card that went up to 7 or 8, then back down to 3, that seems extremely counter-productive to me.

Now, the mage himself has a scale of 5, which really isn't that bad when you think about it. Most level 5 monsters have good battle stats, and you'd certainly want to open your game with them. But there are certainly better scales to work with, which is another reason why I'm so confused about this card's restriction. I'm going to assume it's because of its deck search primarily. And even that's a stretch, as Performapals in particular aren't exactly the most popular monsters.

….Unless I'm wrong. Please, tell me I'm wrong!!

Final Score: 2/5 for card, 1/5 for restriction