I'm vocal in my loathing of the FrankenCastle direction. In all things concerning fandom, I try to go in with a level head. Well I read it and while trying to avoid bias, I felt overall very meh about it. Here are some of my thoughts that I posted to another board:
I wasn't filled with as much hate as I thought I'd be. The concept of the monsters living in their underground society and needing help from a Marvel hero is interesting, but too far removed From Frank's core. We're so used to seeing these creatures as fantasy adventure fodder that we rarely take time to sit down and see them as fragile creatures with their own sentience and love for one another. It wasn't as bad as I thought it was going to be, but at the same time it heavily left me feeling that there could have been more added to this issue.
For the first issue that is post-status-quo-shake up, it didn't really feel as together as it should have for me; I know this is the first bit in a bigger arc, but I was hoping to see a bit more of Frank dealing with what's happened to him or even reaction from others and such. I know things will tighten focus for the next couple of issues, but it ended pretty quickly. The scene between the Molten preacher and Frank (though really short) was interesting to me, the "God does make mistakes!" line as well as him flashing back to his family was rather interesting. I really don't like this direction, I just don't, but I'm trying to keep a level head and be fair. I thought the art was rather striking and I would love to see more of this guy's work. Each character's "voice" was quite distinct and I felt the interactions were fitting. I haven't seen Man-thing for a while (even though he popped up in another book recently) so it was nice seeing ol' Swamp noggin again.
Also one thing unrelated to Frank that caught me was the monster killers; they just seemed really generic, and their speaking patterns seemed weird. The "Destroy All Monsters" line made me roll my eyes. At least Godzilla didn't show up with Ghidorah...someone wake me up when this is over?
Overall, this is going to be a tough pill for me to swallow, in my opinion it's a stupid idea, and I loath it. The memories of Zombisher are coming back. (funny factoid: as a kid I was interested in the first issue till I really sat down and realized what was going on) They mentioned he's incomplete, hopefully at the end of this rather bizarre arc, they can get access to better tech and make Frank presentable at least...I hate the piecemeal look.
Now I want to share with you a more detailed look on my thoughts before any of you think I'm a stubborn Punisher fanboy who can't accept change. I love Max and I enjoyed Frank's return with War Journal, till the later bits. I'm not against Frank getting into somewhat odd and comic-booky situations. As Dread said ages ago in a review, this direction made Frank the Brock Sampson of the Marvel U, and boy do I love the Venture bros. I found that interesting, I even liked how at the beginning of this new Punisher book he altered his tactics and started using villain tech against bad guys; it was a natural and sensible evolution in tactics. My main issue with this new status was not even the death, I was disappointed that Daken got to to the deed, granted I didn't see more than the scans of Frank's final moments that were posted around, but what I saw didn't bother me from a writing standpoint. From things heard, Frank fought like hell but ultimately lost. It made me quite sad to see one of my longstanding personal favourite characters die in such an extreme and brutal fashion, but it did what it meant to; evoke strong feelings. For months and months and MOOOOooooOOonths prior, I knew Frank was going to be brought back as Frankencastle (Marvel doesn't really keep secrets when previews and solicits spill the beans months in advance) so this was not some horrific surprise for me.
I like that Frank is in a world filled with super heroes and demigods, yet he chooses to stick to the streets and the issues that can't be easily solved by punching a brightly colored buffoon in the face and chucking him in jail for 3 months. For me I always saw him like Batman; (no I'm not comparing the two explicitly so calm down buster brown...teehee rhyming) a man surrounded by the supers but never useless; Frank has skill, undying determination and a strong stomach for the harsher things, the ugly things, the things that people don't want to face or should not EVER have to face, even in a mythical world of gamma rays and Squirrel girls.
Frank to me, didn't need any bizarre change to his very being, and if someone did come along and want to change that, I'd face it with an open mind; it's just that, changing him so radically by making him an unearthly being employed by God or a shattered abomination just throws a wrench into the dynamic and polarizes readers. Though if a capable writer can pull it off, then I'll give respect where it is due. The problem is that if you do have a capable writer, but they don't understand how to mesh the old and new status-quo, then you run into problems. First let's look at Frankencastle as a concept and not the story arc. This is weird and it turns my stomach despite loving the previous work of the writer, though I was curious to see where he was going with this. Now, let's look at the story arc's plan. Frank, newly revived as an incomplete aberration teams up with a legion of monsters and fights to defend other monsters from samurai-themed monster killers in the morlock tunnels.....what? Really? It's just a strange jump into the absolute unfamiliar. This to me, is akin to having Thor heavily focusing on street level threats like drug runners while Daredevil and the Hand are now facing cosmic threats like the Shiar empire or fighting off the brood for the foreseeable future. This isn't some special event in which all the heroes have to band together and defend earth from some temporary threat. This is the new regular tone of the stories. It's just too strange.
See, if Frank was brought back as some sort of Deathlok, Robocop, or even Marvel's higher class of cyborg such as Lady Deathstrike (who, until they weaponize themselves, appear indistinguishably human) I'd cautiously give it a chance. It still has elements I'm unsure of; now that he would be a cyborg (with more dignity that a sewn up rotting corpse) he would lose the normal man against superhuman odds dynamic that draws in many fans. If he was going to continue playing close to his element of choice I'd be fine with that, but if he was now a cyborg and time travelling or fighting Marvel's mystical critters side by side with Ghost Rider(s) then I'd be upset.
In the end I'm curious to see where this is going, but I'd rather have a quick fix to this. I like my realistic Punisher Max, and I used to love the 616 version of Frank. I'm just going to see where the future leads and keep a level head. Thanks to anyone who read this post, I appreciate it.
Oh well school support cash for the win! 
Art is pretty decent/fun for the serie. It seems Azrael's assistant is getting prepared to silence the sanity Azrel is going to receive from the Suit of Sorrows. It also seems he is developing a split personality (or the SUIT talks) thruouth the costume. He's a cool hero with some cool twists. This issue was really fun and the way he saves 2 criminals was pretty cool hehe. 
