Don't think so. Doesn't trigger blackguard, for example, in that scenario.
But if you're at 30HP, you don't really need taunts. Efficient creature generator for midgame, I guess? T3 fluffy genie, T4 double this would be... a bit of a roadblock for aggro, for example. Relatively weak in Arena, though, owing to the lack of healing you're likely to end up with.