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I'm finding this guy to be very versatile in an Archfiend deck.You can either:
A) Tribute the tokens.
B) Combine it with Archfiend Palabyrinth to Special Summon since the tokens are Fiend type.
C) Combine with Call of the Archfiend, send high-level Archfiends to the Graveyard as the cost just to Special Summon them right back.
D) Combine it with Archfiend Emperor to fuel its destruction effect with the Archfiend cards you discarded.
It's good in its own way because of how Stray Lambs only allow you to set a monster on the turn it is used where as you could use Limit Impulse at the end of your opponents turn and you can do a normal tribute summon