It seems now that Goyo got the boot with this new banlist.
When it first came out, Goyo was an insane synchro that managed to reverse the game at an instant, which is why it got limited sometime later. And it was fine at 1.
But with the news of the upcoming Exceed Monsters, Goyo was going to become an even bigger threat. It was going to become an Exceed gathering machine. Perhaps this is why a once beloved kabuki theater warrior became a future threat.
This is the only reason I can think for Goyo getting banned. And if it's so, then we will find out once Exceeds do indeed get here.
But for now, we keep looking for a replacement for Goyo...