Burn decks can deal out loads of damage but against combo decks, decks that can gain infinite life, decks chock full of counterspells, and the challenge of contending with multiple opponents, mono-red burn is widely considered weaker than many other types of Commander decks
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This could also affect the collector markets, too, sparking a crisis in card values because of card chase sought-after Mega cards could spike to incredible prices, while other good cards could have their values plummet
If its not blue at the time Burnout resolves, that spell wont be countered, but youll still draw a card at the beginning of the next turns upkeep