We have seen one banlist, (maybe fake) but still it has Giant Trunate at 1, so IF it does come back, here are some tips:
Obviously you use this when you are you are about to go for game to stop opponent's spell and traps. Lol it's so good.
Use this card with Fire Formation to get them back and reuse them. Also do this with other cards like swords of revealing Light.
And obviously this wrecks face on starlight road. That's all I got I'll do more later!