I liked the old Captain America just fine. But the best thing to happen to that series was Steve Rogers death and the emergence of Bucky as the new Cap. It turned that comic into one of the best around. Bucky as Captain America is definitely not a gun-wielding thug.
Brand New Day was idiotic. If Joe Q really wanted to end the Peter/MJ marriage, he should have had the guts to just do it instead of wiping out twenty years of stories with that ridiculous Memphisto storyline and Peter sacrificing his marriage to save his two-hundred-year-old aunt.