Nefaria... There is a gold mine there but few do anything at all with him. We got how many Superman analogs running around Marvel and frankly, there's only two I give a rodent's buttocks about. Gladiator, and the Count (sorry Hyperion).
Okay, it's fan fiction time...
Given the obvious inspiration for Nefaria's powers I've always wanted to see him form his own Masters of Evil to go up against all that would oppose him only to clash with ANOTHER team of Masters in what I would call WAR OF THE MASTERS, with The Avengers caught in the crossfire. Nefaria's team would be a total JLA ripoff, going against a team led by Red Skull, Madame Masque (his daughter) and Loki (with Zemo in the background doing what Zemo does best). The teams would shake out like this:
THE NEW MASTERS
COUNT NEFARIA (Superman)
DRACULA (Batman)
SELENE (Wonder Woman)
THE MANDARIN (Green Lantern)
QUICKSILVER (Flash)
SUPER SKRULL (Martian Manhunter)
TIGER SHARK (Aquaman)
TASKMASTER (Green Arrow)
GOLIATH (Atom)
ABSORBING MAN (Firestorm)
SUPER ADAPTOID (Red Tornado)
TITANIA (No analog. Where Creel goes, she goes.)
VS.
THE MASTERS
RED SKULL
BARON ZEMO
DEATHLOK
JUGGERNAUT
MADAME MASQUE
LADY DEATHSTRYKE
GHOST
LOKI
ENCHANTRESS
ARES
WENDIGO
The final confrontation leaves both sides with casualties (no, seriously... Red Skull, Juggernaut and a few others are dead) and complicates the Marvel U. (Loki, Ares, Enchantress, Dracula and Selene ascend to become a new unholy pantheon of evil, while Titania switches sides and becomes an Avenger,,Quicksilver finally goes home to daddy and joins a Magneto led Brotherhood ect.) but it leaves Zemo in charge of a new Masters team, and they are more like a truly organized crime outfit of super villains, staking out various franchises of which they are the top dogs (for example, Super Skrull is THE top alien on the planet. You want to do business on Earth and you are an alien, you gotta deal with him... Or he'll crush you. Tiger Shark rules high seas piracy, and so on). Zemo gets into a romance with Madame Masque (who joined initially out of fear of her father) and Zemo gets a truly badass team for his further plans that would be:
THE ALL NEW MASTERS
BARON ZEMO
MADAME MASQUE
MANDARIN
MOONSTONE
WHITE QUEEN
SUPER SKRULL
TIGERSHARK
TASKMASTER
LADY DEATHSTRYKE
ABSORBING MAN
ABOMINATION
SABRETOOTH
Nefaria would be depowered for a bit and assumed dead, but of course he has to survive to be a part of the down fall of Zemo and his daughter. Anyways, getting back on topic.... Nefaria is too big of a threat on paper to not do something of significance with, and it's been a while since Busiek did just that. C'mon Marvel... mine the continuity, don't dismiss it.