While the default life counter app in the official MTG companion app is actually pretty good, this app steps it up by giving additional customization options and a cleaner interface. So, I definitely recommend giving this app a try and I do believe that the additional $4 to unlock everything is reasonable. However, I have one major issue with this app that prevents me from giving it a full 5 stars.
For Commander games, I wish there was a way to keep track of whose commander dealt damage to who. Player 1 might have dealt 2 commander damage to me, but there is no way I can also show that Player 2 dealt 3 commander damage to me as well. While this can be mitigated by having dice, I think having dice defeats the point of having an app like this.
For other MTG formats and 2 player Commander games though, this app truly shines. As I mentioned earlier, the way things are presented is so much more appealing than the one in the MTG companion app that its my primary choice for Standard, Pioneer, Modern, etc. I just hope in the near future, they address the one issue I present here so I can have a better experience for Commander.
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