It is somewhat lackluster as it needs the user to take a fixed amount of damage to activate this skill. In our current card pool, there's not many cards that can make use of this skill. Other than thinning your deck, there is no other notable benefit.
honestly this skill is good for fiend deck and really good when you see a parisite infestation on the top of your deck. the 300 keeps you from dying to burn and from taking the 1000 from a bug. not bad imo
Problem: that requires a hell of a lot of luck. Skull-Mark Ladybug sucks if you draw it. It's also quite a waste: OK, so you gain 300 LP. But that's only if you lost exactly 1000 LP: lose more, and the gain is less. And why not just run Life Boost Alpha then if you run Compensation only for the LP?
300 LP recovery does appear lackluster at first; remember, however, that Bakura's ace card, Dark Necrofear, relies on Graveyard manipulation to fulfill its SS conditions. Discarding from the Deck allows him to simplify the process.