It's not immediately clear how this card interacts with Live and Learn. Does Drawing Thin apply to both attempts or just the first one? There was some debate about this, but the final ruling came from Matt Newman himself:

Greetings,

This is a bit of a tricky interaction, so I apologize for any confusion here. I agree it’s a bit ambiguous. I think the ruling that makes the most sense here is the following:

As a general rule, when you use Live and Learn to attempt a test a second time, all effects with a duration that expire at the end of the first attempt will have expired by the time the second begins. This includes effects used during the first attempt that say “until the end of the skill test…”, “…for this skill test,” or the bonuses from committed cards, which are all discarded at the end of the first attempt. Effects that are inherent to the test itself (the test’s parameters, what happens if you succeed/fail, that sort of thing) all remain the same, even if they have a duration of “for this test.” So, for example, if an effect said “play during a skill test. until the end of the skill test, increase the test’s difficulty by 2,” that would expire at the end of the first attempt, whereas if the test itself said “Fight. Increase the difficulty of this test by 2,” that increase in difficulty would exist in both the first and second attempts.

Now for the tricky part: Which is Drawing Thin? Is it an effect that initiates during a skill test with a duration of that expires at the end of the skill test? Or is it an effect which alters the inherent nature of the skill test itself, such that it would affect both attempts? Since Drawing Thin does not explicitly say any variation of “until the end of the skill test” or “for this skill test,” and since its triggering condition is a “when” reaction to the skill test initiating and not something you use during the first attempt, my ruling is that Drawing Thin is changing the skill test’s inherent difficulty to be 2 higher—altering the nature of the test itself. Therefore if you use Drawing Thin when the skill test initiates, and then use Live and Learn to attempt that test a second time, the increased difficulty would carry over to the second attempt.

Again, apologies for the trickiness/ambiguousness. Hopefully this clears up this interaction, as well as clearing up how Live and Learn works in general. Thank you for bringing this to my attention; I’ll be sure to add it in the next edition of the FAQ as well.

Cheers!

Did they forget to make this fast? It might have been worth considering if it was. As it stands, if this card isn't in your opening hand then most of the time you are effectively paying three resources to get +2 in a skill test, the equivalent of Unexpected Courage. Comparing it to the other neutral skill cards like Perception or Overpower is even more unfavorable because those allow you to draw a card if you succeed and are completely free. There are a handful of situations where the Ace of Rods will give you +4 in a test, but even then it is still too pricey to seriously consider.

One positive is that because it gets removed after use, putting two in your deck doesn't result in a dead draw. Preston Fairmont can use it as a means of flexing on other investigators to show how little he cares for efficiency.

The other review is underselling this card. At least on standard difficulty I think this is one of the top 5 best level 0 Seeker cards ever printed and a card that I shove into most of the decks that have full access to level 0 seeker cards. Comparing this to No Stone Unturned this card only digs 3 deep instead of 6 but doesn't require an action or 2 resources to use. This card is very easy to just throw onto any test that you're all but guaranteed to pass anyway (such as investigating a low shroud location) and then use it to have Eureka be replaced by whatever's the best card in the top 3 of your deck. The icons it has are fantastic, it's basically the only 3 skills you're likely to ever use so it can be committed to almost every test you take. On top of that, there's a lot of tests you might take where you're +3 above the test for example and passing it is important, but you don't want to spend any of your valuable cards to boost yourself up to +4. Eureka is great in those situations because you can insure that you are protected while also having the card cycle into something you need.

The card is just super versatile and is always useful, It's not necessarily a card that'll win you the game but it'll help you find those cards and is never a bad draw.

I've just recently started a 2 gator playthrough of Cirle Undone with Jim. I'll have a deck list to come soon but at the moment it has gone well using the sealing cards as well as Defiance to mitigate the bag in Jim's favor. Most every test so far as long as I can at least match the test value has gone my way. I feel like sealing mechanic may have jumped up Jim's power level by quite a bit.

The question being: Is Grisly Totem, the missing link with Take Heart and Drawing Thin to the Survivor economy engine? Looks like so, and that's great for Survivors! All you need is now a survivor who's not afraid to fail a check once in a while. The safest checks to fail being investigate check (barring the BS tokens), this combo is very potent for investigators with low like William Yorick, "Ashcan" Pete or Calvin Wright for exemple and reaching the 200 characters threashold.