>>26937901Possibly. It doesn't have the typing and probably doesn't have the stats to backup Iron Barbs, but Iron Barbs is still solid in general. Lightning Rod is fairly standard but still good. Unlike Ferrothorn though its a free earthquake kill and it doesn't get to resist water either.
It's basically going to boil down to whether it is special or physical, and movesets. Things like Spiky Shield, Spikes/Toxic Spikes and Follow Me could give it some amazing tools to play around with, and would definitely make it better than Emolga. If it's special then yeah, I could see it being better than Raichu and Pachirisu.
Iron Barbs - Stealth Rock/Nuzzle/Parabolic Charge/Spiky Shield would be a dream singles set, with either gyro ball or electro ball being viable depending on which speed it gets
Lightning Rod - Fake Out/Nuzzle/Follow Me/Spiky Shield would be annoying shit for doubles and great support for rain/electric weak teams and Iron Barbs would still be good
There's potential, moreso in doubles. But Pikaclones aren't exactly known for being good.