To compensate for the increased probability of obtaining a "Mana-Screw" (too few Lands in your starting hand) or "Mana-Flood" (too many Lands in your starting hand) the following Mulligan rule applies in addition to the normal "one card less"-mulligan:
For one of the starting hands during each game only, each player may "reject" any number of cards from his or her hand. They set these cards aside, draw the corresponding number of cards from their deck and, after that, reshuffle the set-aside cards back into their library. The opponent cuts the deck afterwards (mandatory). Note that this is a slight change as of 04/15/2007 since you can now choose the hand from which you reject cards, e.g. with a very bad initial hand of 7 you may decide to take a normal mulligan without rejecting any cards. You may then apply the new mulligan to your 6-card-hand.
This rule can no longer be applied in Highlander tournaments as of 10/15/2007, 0:00 CET.
For the first drawn hand during each game only, if the person has zero, one or seven Land cards in his opening hand, the person may reveal it to his opponent, who may inspect the cards. The cards are then shuffled back into his library and seven new cards are drawn. Please note that this does not give the opponent a right to also take a mulligan!
The player may take a normal "one card less" Mulligan (also known as the Paris-Mulligan rule) instead or in addition to the "old" mulligan.