I like using this card to boost willpower in Lore and its stats compare to many 4 cost allies (Ranger of Cardolan, Haldir of Lórien, Thalion). Cheap and quick to get into play and I have found the threat increase to be pretty manageable. It's nice having a 2 Lore ally for 2 resources and I have used the 2 attack plenty of times as well.
There are five other 2 , 2 cost Lore allies (Quickbeam, Mablung, Robin Smallburrow, Wandering Ent, and Lindon Navigator). Quickbeam, Mablung, and Robin Smallburrow make a good 3-card combination if you are looking to boost willpower without paying a threat increase. Wandering Ent (enters play exhausted) and Lindon Navigator (requires discarding cards) have their own additional costs to use.