I think people are trying too hard to deviate from what Alakazam is good at. Its fast, frail as fuck, and hits like a truck (Zam's new catchphrase?).
Bar a fast dual screener, I don't think theres a better set than:
Timid/ Modest Alakazam @Life Orb
252 SpA/ 252 Spe
With Magic Guard, 'Zam has suprising survivabilty, with Life Orb recoil, entry hazards and passive damage from status' like burn and poison being negated. It can come in on any status bar T-wave, Psychic type moves or the plethora of fighting types around, giving it plenty of chances to switch in. Not only does it get perfect neutral coverage with Shadow Ball and Focus Blast, but STAB Psychic and Psychic Shock allow it to hit hard on both sides of the spectrum, making it a suprising wall breaker. I've OHKO Blissey switch ins with Psycho Shock, which is amazing for a special attacker.
I don't know what people are smoking this gen, but Alakazam is amazing, and is probably going to be at least BL, depending on what is in UU (zukin and metalman would put a stop to that).