Well kinda, it was never really around to begin with and I doubt this card is going to do anything to change that. You've got to play out two minions after this guy to make the stats start looking good.
If you are playing it in Handbuff Paladin, it won't come down as a 3/4. More like 5/6 or 6/7. Definitely strong in the right deck.
Handbuff was bad because Paladin didn't have good draw, the only Lifesteal minion was a Legendary and the only Divine Shield + Charge was Argent Commander. It'll definitely be stronger with all the Lifesteal and Rush minions we got now.
The +1/+1 handbuff cards were garbage if you didn't draw them as early as possible because paladin just cannot draw cards well. This card has exactly the same problem, except you cannot play it until turn 6 so much worse. Crystology is a start, but aside from Acolyte and maybe Framebot or the 1/3 magnet the 1 attack minions are largely control cards