Ha, I keep coming back to this thread and changing my mind. Well I was messing around with this card again last night and I realized it really doesn't work with Togekiss that well. Too many cards can KO it too easily before it gets enough damage spread around, and the Energy Link/Warp conservation combo isn't that easy to pull off. On top of that, there are cards like DP Torterra that completely shut it down.
However, going back to my original idea with Magnezone, I realized how great it can be with Palkia lv. X thrown into the mix (and Palkia lv. X should be in every Magnezone deck unless the focus is completely not on the DP Magnezone for whatever reason). That way, you can repeatedly Restructure something like Claydol and then snipe all of your opponent's Pokemon turn after turn while it just sits there. Retreating it will take 2 turns, which is 40 across the board, and then you can just bring it right back out with another Restructure. More than likely the opponent isn't going to be able to do 130+ (with Special Metals attached) to OHKO Steelix, so you can just retreat for free and Electric Trans the energy onto another fresh Steelix after you Restructure the Claydol out once more if you get hit hard. Basically every single turn of the game you would aim to be attacking their bench with something like Claydol active. Warp Points eventually run out, and so do energy so retreating no longer becomes an option. If you get enough spread attacks off, you can easily sweep with DP Magnezone anyway. One of the best parts of this whole little combo is that you never even have to hit the Claydol/other usual bench sitter that you Restructure, meaning that the amount of turns you can keep it stuck there while spreading to everything else are unlimited. For example you could hit it for 3 turns straight leaving it at 20 HP and then neglect to hit it after that until you were ready to. TM-TS2 is also amazing after you've spread enough. If they can't get Claydol out of the active position, you can just devolve away, burning Rare Candies, getting KOs, etc..
Being able to eventually lock something like Claydol active makes Steelix into a monster. Otherwise it really isn't that good.