Comment by netbioserror

The most fun I have playing Magic is a "Reasonable Cube" sealed draft:

Buy or make a cube with a very normal distribution of cards, nothing crazy (I bought a cube made by Card Kingdom some time ago). There will be 90 spells per each of 4 players. Shuffle the whole deck, and deal out the 90 per player. Now you simply make 40 card decks, typically with ~25 spells each. There will be lots of wiggle room for sideboards or even side decks. Then run a little tournament.

The games are usually that ideal Magic scenario: Nail-biting back and forth gameplay, where anything powerful has a cost and games come down to the wire.