The best use of this spell is to use it in your character back story to justify playing a different race from race-specific subclasses like Bladesinger.
'Well I used to be an Elf, then I died and got reincarnated into a Tabaxi...'
The RP cost is just too high for most players IME.
I have never seen Reincarnate used in any edition of DnD from first til now. The latest version is less horrible than previous editions where you could come back as a rabbit but since classes are so stat dependent the odds of getting a race that works with your class are not great.
The 5E version is an AWESOME way to bring back a foe the party has killed and do it in a manner that allows for maximum surprise later.
Also, as the list of possible races increases as new books come out spell list be updated?
I have never seen Reincarnate used in any edition of DnD from first til now. The latest version is less horrible than previous editions where you could come back as a rabbit but since classes are so stat dependent the odds of getting a race that works with your class are not great.
The 5E version is an AWESOME way to bring back a foe the party has killed and do it in a manner that allows for maximum surprise later.
Also, as the list of possible races increases as new books come out spell list be updated?
Several times we've had Reincarnate come into play. One story is below after a list of ways it's impacted our games:
1. It's cheaper than Raise spells and available earlier.
2. It's a great wilderness option if a character dies away from civilization.
3. It doesn't always make the player happy, but the randomness often makes for memorable stories.
It also was originally designed as a spell that challenged your creativity. In AD&D, animals were on the table. Per the original: DM's Advice: Regardless of the form, you should allow the reincarnated character to continue to advance. For instance, a badger might grow to giant size, gain maximum hit points, gain bonus hp for high Constitution, and regain the Intelligence of its former form. A centaur might gain additional hit dice, and could use armor and magic items.
On the other hand, one need not play a new race for a memorable story. We had a Ranger (older edition) with "kobolds" as her favored enemy who was reincarnated as one. She declared she was committing suicide rather than live a life as a vile kobold. When the party tried again, she rolled kobold again. After that, she declined any more attempts.

(Dungeons & Dragons)
Rulebook featuring "high magic" options, including a host of new spells.