I'd welcome it at this point, but I know Quesada and his creative goon squad lack the emotional and creative maturity to craft a whole new canon in the spirit of the Universe. They'd turn Reed Richards into a child molester if they could get away with it, and a whole new canon would give them incentive to do stuff like that.
Agree with pretty much all but the last line (which I edited out). JoeyQ loves the Ultimate-verse...he thinks THAT is what the 616 universe SHOULD be. They should put him in charge of the Ultimate-verse, and split it off and put someone like Tom DeFalco in charge of the 616 books and fix the mess Jemas started and Joey finished...