True. Since the new reward card Uraeus the only situations where I think about playing Elven Cutthroat is with ruleset only common and rares or if I have to outspeed my opponent.
With the 1 HP I also play it in expected Fire mirror matches to take the opportunity hit from enemy Serpentine Spy. But if enemy fire team is with goblin shaman Uraeus would have 1HP and would survive due to the armor.