Sorcery, 1G (2) Each player puts a green Elephant creature token onto the battlefield. Those creatures have "This creature's power and toughness are each equal to the number of creature cards in its controller's graveyard."1
Illus. DiTerlizzi
10/4/2004: The token creatures' power and toughness continuously adjust. They are not "locked in" when the spell resolves. This is because the tokens get an ability, rather than simply having their power and toughness set.