On one hand, the massive grey proved himself one of the best staying hurdlers seen in many a year when toppling Baracouda in last year's Stayers' Hurdle and has the physique to climb equally high over fences. But on the other, Iris's Gift has suffered an injury since he was last seen and, although he's plainly schooled very well at home, tackling seasoned Grade 1 chasers first time out over fences is a brave call by any standards.