This issue is way better than the last two. This issue makes the other two look like previews. Hickman shouldn't have waited so long to deliver this.
 
But don't get me wrong, I still feel cheated. Maybe the story is getting back on track but that doesn't change the fact that they advertised the series as "What if Peter Parker didn't get his powers until adulthood?" and presented instead a version of Spider-Man with a background so different that hardly resembles the character we know as "Peter Parker".

However, it's good that after 2 lackluster issues, the story finally seems compelling. With good editorial direction this would be gold, but sadly, that's not the case.

I stand by what I said before: The story would be much better if Tony Stark had exposed Peter to new circumstances in which he obtained the powers without him knowing. This issue proves me right.


[SPOILERS]

It is implied here that Harry Osborn, the Green Goblin, is involved with Tony Stark. If Hickman was planning on having Harry do exposition to Peter anyway, wouldn't it have been better if Peter didn't know anything at all about the origin of his powers instead of having chosen them???


Also...

"he's extremely photogenic and, to me, seems to be a much more compelling --and dare I say charming-- character. A real man of the people... Just an opinion."

WHAT? Since when does Peter flatter himself so much? "Kinda defeats the whole anonymous superhero thing", you know? It's not funny, it makes him look dumb. 

"Stakeout time. Always wanted to do one of these. Not exactly sure how but I can figure it out..."

I'm telling you. DUMB!

"...if you can't play nice, maybe you shouldn't play at all!"

Cheesy but OK, I do think that's something Spider-Man would say.

"I haven't actually caught anyone before. What should I do?

"Mister, how old are you? Sigh. The sole purpose of that line is to open the door for Harry (the true competent hero of the story as ironic as it may seem) to do more exposition.

"(...) it is cool." 

Meaning: "Duh! My costume is so cool!" "I'm so cool!" "Look at me!" "I'm a cool superhero!"
MY GOODNESS! Peter is so out of character!

Bullseye also speaks way more than he should, way too much exposition, and I don't think a psycho like him would describe himself the way he does here:
"A killer loose in the world. An actual predator in the wild."
Nah. That's more like the way another character would describe him (someone like a cop or a detective), doubtedly the way he would describe himself. Hickman should have left it at "I'm a predator" or "I'm a hunter, and you're my prey".

Mary Jane is still bland and, although there is some competent dialogue, most of the dialogue is still clumsy, and (as you can see) there are also times when Hickman tries to be funny but, in my opinion, he's not.