This version of War Machine is ironically better than Tony's actual Identity-Specific version. Another Thwart, another Hit Point, and frankly better game text. Taking two damage to deal 1 to the board is pretty bad unless you are getting swarmed with Ultron drones. This version of Rhodey not only ignores Retaliate but comes into play with a preloaded Tough, which is GREAT to absorb the next attack coming at you. This version also has SHIELD, adding another layer of usefulness.
I'm running this in my Iron Man deck now as an additional version of Rhodey to play Two Against The World, but also because he's a damn fine blocker that can soak two hits with a Thwart or Attack in the middle. As a Basic card, he's also Aspect agnostic, so you can run him in any build.