My problems with CW are enormous, not with the basic concepts, but with the execution.
1 - Yeah, Reed and Tony are just like that, and this was only moreso. But I read one CW interview which said the writers of IM's own book didn't care how Tony came off in other books. Guys, Iron Man is cool and everything, and widely recognized. But he is GL to Spidey's Superman when it comes to whose book gets read more and more widely as well. Therefore, Tony's fascism in JMS books should have been of paramount concern, particularly the dialogue change from ASM to CW, when the two fell out. (Basically, in ASM, Tony said the detainees in the NZ were there for good; In CW, a side-quel from the same scene, Tony says they're only in til they register.)
2 - It was rushed. Stamford should have exploded early in the year, before CW started. Tony convinces Peter to unmask then and there. Maria Hill is after Cap via phone to head the cape-hunters, but events in his own life plus doubts cause him to blow her off. And so forth. Time was needed. Time to see how public opinion snapped against the New Warriors, instead of Nitro. Time to see both sides of Spidey's unmasking, good and bad. As it stands, only PAD's books even broached the good. Time to maybe see Cap's dithering over whether to lead the cape-hunters make Hill force a confrontation. They let SI build, so maybe they learned their lesson, but JQ can always override that.
3 - I am as anti-W as you are likely to find, but for pity's sake, keep politics and patchwork psychobabble out of this. Offender #1 - Sally Floyd's Facebook speech. If you haven't read it, please do, for it stinks. Lastly, drop this 'uniformity of opinion' crap, in this case regarding Robbie Baldwin. The one and only thing I've ever seen in RL resembling such was removing the Taliban after 9/11. Those few who protested were made to look like idiots, and given the vague purposelessness of Cap's campaign, maybe they were.
They had a good idea, but man, did they drop it all. JQ didn't like Peter/MJ, and he didn't like the New Warriors, and CW got rid of both. If the stuff I read about him on Tropes is true, oh man. God Help Marvel.