dark depths' usefulness

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For a while, Dark Depths was a junk rare. Then the Vampire Hexmage combo was discovered, and its price skyrocketed, and it became a tournament staple.

Now things have died down and its price is much lower than it used to be (although still much higher than junk rare status). So, do we think it will ever rise again? What's keeping it from still being that high? What format(s) used to need this card that don't anymore? What format(s) might need it in the future?
it's banned in Modern, that's why the price dropped
in Legacy/Vintage you can do crazier things than a turn2-3 20/20
proud member of the 2011 community team
but it has flying!
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"Then the Vampire Hexmage combo was discovered" 

The Aether Snap combo was discovered a tad earlier and helped me get rid of things like Eternity Vessel at the same time.

Enigma's second sentence nails it.
My decks, mostly casuals, but some I use online with some small changes: http://www.mtgvault.com/Profile.aspx?UserID=91484
"Then the Vampire Hexmage combo was discovered" 

The Aether Snap combo was discovered a tad earlier and helped me get rid of things like Eternity Vessel at the same time.

Enigma's second sentence nails it.



iirc Aether Snap didn't see as much tournament play as Vampire Hexmage, or correlate to the price increase