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Creatures with protection from colorless wont stop the effect, nor will Settle the Wreckage

You gotta eat it

MC (Miscut) Any and all cards that exhibit an atypical cut for the issue, which may result in portions of the subject card being cut off or more than one card being visible, will be designated "MC." When the off-centering is so bad that one border isnt even visible, it will net the MC qualifier

Mechanically they do what you expect Gremlins to do, disabling artifacts, but they dont really match up with what we would see of later Phyrexian monsters (Or even the few other Phyrexian beings from this expansion)