This deck feature today has been doing a moderate finish in the recent major online tournaments and that in our local metagame in MTG Iloilo, I have not seen play in the past two weeks. The Izzet Phoenix deck that was a Modern favorite before seemed to have also lost its touch to be among the favorite Standard decks. That does not mean that its efficiency has declined since the changes in the top decks again had forced its adaptation on its build.
Here is the decklist below I got from the recent MTGO Standard MCQ where it finished in 5th place.
21 LANDS
6 Island
6 Mountain
4 Steam Vents
4 Sulfur Falls
1 Temple of Epiphany
12 CREATURES
4 Arclight Phoenix
4 Crackling Drake
4 Goblin Electromancer
27 INSTANTS and SORC.
1 Beacon Bolt
4 Chart a Course
3 Finale of Promise
3 Lava Coil
2 Lightning Strike
4 Opt
3 Radical Idea
4 Shock
3 Tormenting Voice
SIDEBOARD
3 Alpine Moon
2 Augur of Bolas
1 Beacon Bolt
1 Disdainful Stroke
2 Entrancing Melody
3 Fry
2 Negate
1 Saheeli, Sublime Artificer