The version I'm showing is going to include that tech.
Decklist.
3|Ysd|Skelengel
3|Jump|Tragoedia
2|Ioc|Chaos Sorcerer
2|Sdde|Caius the Shadow Monarch
2|Rds|Thestalos the Firestorm Monarch
1|Crms|Black Salvo
1|Pp01|Marshmallon
1|Csoc|Plaguespreader Zombie
1|Crms|Blackwing - Gale the Whirlwind
1|Mrd|Sangan
1|Pgd|Spirit Reaper
3|Pgd|Book of Moon
2|Ptdn|Allure of Darkness
1|Tlm|Brain Control
1|Mrd|Heavy Storm
1|Mrl|Mystical Space Typhoon
3|Sdp|Waboku
2|Cp04|Bottomless Trap Hole
2|Lod|Royal Oppression
1|Mrd|Mirror Force
1|Pgd|Trap Dustshoot
1|Mrd|Solemn Judgment
1|Lon|Torrential Tribute
Monster Analysis
However, these days, running a slightly slower deck would probably be more beneficial if we can incorporate more power into it. Also, Allure is at 2, so the whole concept of "I can RFG Mask if it doesn't work" isn't as consistent anymore.
The main engine:
The main engine consists of Dekoichi the Battle-Chanted Locomotive and Skelengel, both of which are played in triplicate. This leads to a very strong draw engine, which fuels Tragoedia and Chaos Sorcerer. When I was playing against this deck, I was mostly on the defensive after he dropped a 3600 Tragoedia. Tragoedia is oftentimes strong enough to swing for game, especially with all the drawing involved in here.
Monarchy:
The Monarchs are two copies of Caius the Shadow Monarch and two copies of Thestalos the Firestorm Monarch. These are probably the best Monarchs this format. Caius has a strong effect and is an Allure target. Thestalos is great hand control. Some people might want Raiza in place of Thestalos however, because they are afraid of Thestalos discarding cards that like the Graveyard. Personally, I feel that that risk is minimal and insignificant. Thestalos is superior.
Synchros:
wlsack is running a decent Synchro engine. It includes a Plaguespreader Zombie and a Gale the Whirlwind. These are just the basic Tuners, so there isn't any spectacular Synchros coming out of this deck, but it is still competent in that area.
I included a copy of Black Salvo over his Cyber Dragon in here, and I feel obliged to explain why. Cyber Dragon for a Monarch is a rather poor play, and I can understand that it being LIGHT is good, but I feel that running 4 LIGHT isn't much different from 5.
You should only play Black Salvo after you are losing, and you should only be making a Black Rose. Hopefully, you can get a +2/3 off of it, especially after you Waboku a huge rush.
Spell and Trap Analysis
About the traps, there's only one that matters. Waboku. The rest is pretty standard anti-meta, Oppression stops swarms, Bottomless is a good field controller, Dustshoot wins if you rip it first turn, Mirror Force and Torrential are good field-controllers, Solemn wins the game if you play it correctly.
Waboku is, in wlsack's words, "The best non-OTK card in the game at the moment." If you have this card face-down, you are guaranteed that you will not lose the duel that turn. It also sets up for a Black Rose wipe after, or something similar. It helps deck poor LS players out, and stops Honests and Kaluts. You can splash it in any deck and will NOT be disappointed.