The card you search with Fateful Adventure is Gryphon Rider if you can make Cherubini, and Water Enchantress if you can't
If there is something you really want to protect, banish 3 and use Dark Ruler No More
, you wont be able to dodge with Merlins summon from deck effect (however, you can use the graveyard effect to dodge those things!) Its very important to note that performing xyz summon causes the equips to fall off and reattach provided that you have a valid target, so you can use that knowledge to shuffle the equips on opponents turn
There is, however, a neat little trick that will let you build and use your own deck much earlier
And considering that Flame Swordsman had an 1800 ATK, the ability soon became obsolete
I have all 32 slots filled, but I will probably delete most of them and recreate whatever gets posted