If you are thinking of creating a Modern Mill/Control deck, this could usually be better than Glimpse.

Look on any of the "Decks of the Week", and you'll see that the Modern finalists consistently play fetchlands (like Verdant Catacombs and Scalding Tarn). That means that although they are thinning their decks down, they will also have fewer lands in their deck, and thus, more cards to mill with Mind Funeral.

Perhaps the most necessary card to play with this (and... well, all mill decks) is Surgical Extraction/Extirpate. Extraction is essentially a free "well, now I see your strategy. I'm going to make it not work", while Extirpate is a "I'm going to screw your deck up. Don't try to stop me".

'sigh' with this as well, it looks like Deathrite Shaman can fit in YET ANOTHER modern deck.