Similar cases occurred for "Phantom Beast Cross-Wing" and "Phantom Beast Thunder-Pegasus" needing to support "Gazelle the King of Mythical Beasts" (due to its Japanese name containing "Phantom Beast")
Even though Im not sure being a tapper is all that relevant in a game of Commander, you do get a Clue token when you do it, so its always going to be useful
As a Light Dragon type Digimon, it possesses a unique and sought-after combination of attributes that make it both a powerhouse in battles and a collectible gem
However, if the defender has higher power, the attacker loses, but there are no other penalties
Venomous Hierophant damages it when attacking, which automatically destroys Spined Megalodon without targeting it
For nostalgia purposes alone though I say its worth it