The text reads:
As long as this card remains face-up on the field, negate the effects of all Magic Cards. Pay 700 Life Points during each of your Standby Phases. If you cannot, this card is destroyed.
Ah yes, THE magic negator before Horus the Black Flame Dragon LV8. Back in the day if you had the life points to spare mid to late game, this card helped keep the advantage in your favor.
Most of the time players would use Imperial Order as a free Magic Jammer but activating it to an opponents magic card and hoped that their opponent didn't have a set MST, Dust Tornado, Solemn Judgment, or the really old school Sevent Tools of the Bandit. Most times though this card hung around until Jinzo was summoned or the player stopped paying the life points.
I remember playing against and Exodia deck in tournament back then and they were stalling for Exodia with Toll and Gravity Bind. I luckily had IFL and Sasuke Samurai in hand and drew Imperial Order. I beat it with those three cards. Ah, the good ol' days.
Anyways, people debate that this should or shouldn't be banned constantly. I personally feel that yes it is game breaking, but it costs 700 Life Points on each of your Stand By phases so it's a bit costly to keep it around.
Traditional: 5 out of 5