I think of the three, "scary-ass local" Superman is my favorite.
8 years ago, the events of Superman #200 resulted in Kal-El disappearing as Metropolis was facing a time-storm. Out of the storm came Wildstorm's Mr. Majestic and for 3 issues (well, he was barely in the 1st of the three), I was introduced to a polite, straightforward, super-intelligent Superman-esque character and fell in love. I bought the 4-issue follow up mini-series, as well as the Wildstorm series that followed when Majestic went back home.
Like the Superman we've seen in Action these past 10 months, Majestic saw a problem and fixed it. Period. No wavering, no self-doubt, no angst. The stuff that plagued the 90's/early 2000's Superman. That's not to say that he was only written like that, but at its worst point, Superman considered action rather than took it. I have no problem with a thoughtful hero, mind you, but Superman became too much about thinking it through and too little about seeing a problem and solving it in an ingenious way.
Even worse is that authors suddenly caught on to this and tried to address it, such as when Greg Ruck ended an otherwise spectacular run on Adventures of Superman with an Infinite Crisis tie in where he tried to focus on how wishy-washy Superman had become, making him even more ineffectual.
I've waited these past 10 months to see if DC would re-introduce Mr. Majestic. The consensus I've seen has been that if DC continues with this version of Superman, at least the one in Action Comics, because I haven't been reading Superman, there really isn't a need for a Mr. Majestic, unless you wanted to set him up as a rival, which he shouldn't be. The aforementioned mini-series Majestic focused on that briefly, as the opening scene is Majestic in a diner and Superman going in to talk to him. Majestic explains his actions as doing what is necessary and Superman counters with his whole, "Super-heroes are there to inspire, not do the work of humans." It really showed how these two could not exist in the same universe for long without butting heads. And, as much as a supporter I am of Superman, I think that's a fight he would lose.
On another note, I am really loving the back-ups in Action Comics. Sholly Fisch seems to be a talent DC is working hard to hide. I know he wrote (is writing?) the Batman the Brave and the Bold tie-in comic, but other than that, he doesn't seem to be doing much for DC. Each of the back-ups has been really well-written, to the point where they've been as entertaining, or in some cases, moreso than the main feature. This issue's focus on how much Clark meant to the supporting cast was excellent.
However, I do wonder how we go from the Clark Kent of this issue to the Clark Kent in the infamous "intruding on Lois' love life" scene from Superman #1 (or really, how we go from this issue's Lois to that issue's Lois). As I've said, I haven't read Superman, so maybe I'm missing context, but we go from early 20's crusader for Truth, Justice, and the American Way/kind hearted Clark Kent, to the sad-sack Clark we seen in that scene. Hopefully I'm missing something here, but otherwise, the 5 years in between Action and Superman really resulted in a drastic change for the worse for Clark. I wonder if this issue is the catalyst for that change.