It doesn't copy whether that creature is tapped or untapped, whether it has any counters on it or any Auras and Equipment attached to it, or any non-copy effects that have changed its power, toughness, types, color, or so on
Flying arguably makes this a little good
MTG Afterlife Insurance Released as part of the MTG Clue/Cleudo set, Afterlife Insurance is a surprisingly popular MTG card
To prevent scalping of first-edition cards, it is impossible to tell if a card is a reprint, unless it has been errata'd and had its text changed between printings
Untapping, tapping to punch out creatures, and hexproof are all signals of combo potential, and the result is trickery that your opponent will have no answer for
As a three-mana tempo play, its probably too slow for a format where games are often decided by that point