Considering this pokemon's only really inclined to use its Special Attack stat most of the time, it's in a pretty bad position. For the Gyarados of the generation, it's base stats are terrible. If it had 95 / 105 / 80 / 115 / 80 / 65 stats (BST 540 like Gyarados) then I'd be much more willing to use it, since it would have better bulk (85 / 80 / 80 is NOT bulky when you have stuff like Terrakion with 91 / 90 / 90), better special attack and enough speed to outrun univested Tyranitar and Blissey and hit it with Brick Break.