Instant, 1W (2) Remove target creature you control from the game, then return it to play under its owner's control. Flashback {3}{U} (You may play this card from your graveyard for its flashback cost. Then remove it from the game.)1
Illus. Anthony S. Waters
9/25/2006: When Momentary Blink resolves, the creature is removed from the game, then immediately returned to play. The game sees the returning card as a different permanent from the one that left play. Any counters, Auras, and so on are removed. Any spells or abilities targeting the creature no longer target it.
9/25/2006: Any "as comes into play" choices for the affected creature are made by its owner, not its old controller.
2/1/2007: If Momentary Blink is played on a token creature, the token will not return to play, because of the rule that says a token that leaves play can't come back.