You do want access to a lot of mana and casting discounts
Where the Frostfang was all about threatening Deathtouch versus drawing cards, Ice-Fang Coatl's plan is far more direct
If an ability triggers whenever you forage, it's looking specifically for the instruction to forage
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While graveyard recursion decks aren't nearly as popular as they used to be, exiling the opponent's graveyard can still be backbreaking for strategies like Living End and threats like Dragon's Rage Channeler
On the surface, milling ten cards in a turn for each of your opponents might not seem like much, but add in a few other unblockable creatures and maybe a few effects that let you steal your opponents high powered creatures to attack with, and suddenly everyone is milling tons of cards each turn