It's also still super dumb, because the DM actually has to kill your character or just not grant your wish every time. It's the same dumb thing that dumb people have been saying about D&D since Gygax first said it.
"This is totally balanced, because sometimes I kill their character, and sometimes I make them way overpowered!"
But what that really means of course, is that in some campaigns one person is really upset, and in other campaigns, everyone except that person is upset, that doesn't mean you have a good game, it means that you are a ****ty DM with ****ty games who makes people miserable.