I really liked this issue, and I'm usually a Bendis-backer, but MAN did the events of this story seem muffled and even contradicted by last week's NA#51.
1. This should've been really powerful due to us seeing Peter taking the F4 as the ONE exception to his rule of "Nobody can know who I am". But since we have already seen him reveal himself to The New Avengers last week, it instead feels like "Heck, you trusted The Avengers, why not trust F4?".
2. Peter outright says in this issue "If I tell you I might as well tell The Avengers, too!" And he's able to be convinced to out himself to the F4 by Reed telling him that the same thing can be done to the F4 so his secret will stay safe with them...but Pete doesn't demand the same of The New Avengers.
3. It's established in this week's issue that as soon as someone finds out who Pete is, the memories of once knowing who they were suddenly rush back...but we saw that definitely NOT happen in NA.
Come on Bendis....did you even bother to ask Slott and the rest of the Webheads what their plans with Spidey were? It would've been helpful to do so so that you could at LEAST get the "rules" straight before you contradict them.