I'd rather have the worst of the Clone Saga in ASM than the best of the Other, anyday of the week. Pretty much goes for every other "shocking" event thats happened to Peter in the last few years.
Here's pretty much my list, I Byrne steal my roomies Spidey now
10. The Reboot/Chapter 1
"Yeah! Let's completley renumber the long running ASM line and change his origin so that our readers no longer wonder why, so many accidents happen in the Marvel uni, and why Norman Osborn's and The Sandman's hair looks so similar!"
9. Baby May
Marvel, has been pushing the Spider-baby on us for about two years and we're all pretty pumped. However due to some Clone Saga retooling.. Peter, comes back, and having a kid would drastically age this hip young swinger. So the Baby is removed from the picture. However nobody at Marvel, having the stones to actually kill it, make it seem as though Norman Osborn had taken it. Something Marvel believed would be the end of all the baby talk. However, every single Spider-fan out there saw through it, and Marvel had to quickly have Kaine steal her, and than disapeer for the next 8 years. Is Baby May dead? Nope, but you can bet your ass you ain't seeing her in 616 in this lifetime
8. You Will Believe a Spider Can Fly!
Ok so Spidey gets a new costume from Iron Man, because uh, all his other costumes were damaged. Somehow Peter accepts it even though it has Tony Starks color scheme. As well the costume has these appendages on the back to deal with Doc Ock and stuff, and to give it a more eight legged Spider feel ,however the damn suit has only three legs

. It's also bullet proof, and uh, can glide... for several miles... uh yeah....
7.Osborn did it!
Got a problem with Spider-Man that needs to be solved? Osborn did it! That's all you need to say to wrap up a story real quick and be able to get to DC much quicker by doing so. Gwen Stacy, getting it the way of progress? Osborn did it!. Is your Clone Saga running too long? Osborn did it! Peter Parker needs the return of his ailing Aunt? Osborn did it! Need a father to Gwen Stacy's children, to wrap up a ******ed plot? Osborn did her!
6.Gwen gets around
I can only imagine how the abomination known as Sins Past came to light. How in christs name did it get by the editors? Let alone the few people at Marvel with basic common sense? Let me explain what went wrong and you tell me if this belongs in a comic book, or some day time soap opra.
Gwen has sex with Norman Osborn, because of his apparant Magnatism. She carries his kids, and goes to France to deliver them.(She looked pretty skinny for a woman carrying 2 children!) After which MJ finds out, and doesn't tell Peter for about 10 years. Osborn kills Gwen, but not to hurt Peter, like the most important Spider-Man comic book ever said
But to actually get revenge on her for not letting her have his kids. *Sigh*
Peter goes nuts and destroys the living room, and than turns into a good guy again, and decides to help the kids, who are growing so old because of the Goblin serum in their blood(Thanks deus ex machina!

) One of the kids finds the Goblin hideout and discovers Peter was telling the truth about Osborn, but ignores that fact and puts on his new Grey Goblin costume!! (Marvel once again ignores some more continuity, and has Osborn injecting himself with the serum) He goes to attack Peter, but his sister has turned good and shoots him out of the sky. She leaves, and he wakes up with amnesia. Peter has some really creepy ending where he's ******* off to Gwen, while talking to MJ

. Did I mention they made a sequel to this arc? I can't tell you about it because, I stopped reading after one issue. Even Citizen Kaine, aint that strong.