I agree with jbryant. I used Undead for sometime, although now im trying out other decks. It should give a resource boost like the old effect, in order to make the cards playable. True, Undead cards are very powerful, but without the keyword effect, they are pretty much weakened. In fact anyone who would go for an Undead strategy before, will just use Soldier decks now, which have the next best damage after Undead decks and will give a boost to recruits once tokens reach 100.
My suggestion is to give Undead the chance of countering the Holy effect, like Progressor said, but instead if there is a Purified Ashes in hand then discard it and give stock +1, +2 or +4, depending on played card rarity. Otherwise, next card will be a non-common Undead and stock +1