misguided is the best term id say yes.
The biggest problem is they kept going with this "untold story" about his parents, when in reality the REAL untold story people wanted to see was his romance with Gwen Stacy culminating in her death by the hands of NORMAN. This parents nonsense took up the majority of the middle of part 2 and it hindered it severely, there is NO spider-man in the film for roughly 30+ minutes it feels like in that middle section. Its sad that myself and many others can draw up a simple full proof plan for where these movies should have went after the first one which while not perfect left alot of potential to tell the right stories and tell them well, which all got tossed for this quick fix world building crap.
What SHOULD have been done from 2 on is:
ASM2: Have it be an electro story ( i personally would have cast Aaron Paul as he is great at playing that angry,underappreciated role) and have it paraellel Peters story in some way. involve Norman AND Harry, build Gwen and Peters relationship together and with Harry throughout the film. DROP the parents angle, IF you still wanted to tie up that loose end do it quickly int he beginning of the film and certainly dont do with some insane underground train nonsense that grinds your movie to a hault. Could have been handled in 4 minutes if it HAD to be addressed and for gods sake, please get Uncle Ben back into the film as far as his importance. Anyhow an Electro story where he actually has some character where Norman pulls his strings would have been solid, while norman eventually becomes the goblin at the end of the film would have been perfect
ASM3: All Green Goblin story while introducing other members of the sinister six here and there in cameos, etc. Also introduce the symbiote. Still keep the focus on The Green Goblin (the real one) and Spider-Man/Peter and gwen. Ultimately ending in the correct finale on the brooklyn bridge. At the end you could have a post credit of the Goblin planning the sinister six as he knows he will have Spider-Man after him for Gwens death.
ASM4: The Sinister Six - This is the big event film Sony coveted yet it was not rushed and naturally progressed with the story. introduce mj and eddie brock here too. In this film have Pete get his ass kicked by the sinister six only to end up having the symbiote help him (just like in SSM) however in the end he gets rid of it and shows he can defeat the six on his own, post credit scene is Eddie Brock getting attached to the symbiote.
ASM5: Venom Here is your chance to do a venom movie right. OR hold off on venom only teasing him and do Kravens last hunt while Spidey still wears a cloth black costume. Then you have ASM6 with Venom. though i feel like Venom would be a better follow up to S6.
That right there while sloppily written and put together as i rushed writing, is a far better and more sensible plan than anything Sony has dreamed up and this took me less than 10 minutes to type. You get a Amazing Spider-Man 2 that is much more focused and has the breathing room to tell a sensible story, as well as your follow up film which being the death of gwen would be a huge deal...until you get your sinister six payoff movie. Then the only way to follow that up is with a villain that is popular enough on his own in Venom. Why the hell couldnt anyone at sony come up with this again?
So the reboot wasnt pointless it was just poorly planned and thoughtout.