The saddest part is that I could actually see that happening.
I'm going to make it happen, just to spite you.
You know what I'd like to see in the 4 X-Men books?
First off, several of the X-Men are already focuses of their book in New Mutants. Adding to that...
1) A San Fran team book
2) A New York team book
3) A rotating team book
4) A former villains book.
That last one I just thought about. We have tons of former enemies on Utopia now like Toad, Frenzy, and Random... I'd like to see an X-Man try to "redeem" them kinda like in Thunderbolts. Unlike prison, or a ruse, they came to Utopia of their own will. It could be interesting. Maybe Xavier himself.
Do the X-Men need to be in New York, though? I mean, it's a sound idea if this team would potentially have dealings with the rest of the superhero community, but considering this has always been a minimal point in the history of the X-Men franchise, why bother with a New York team at all?
As for a rotating team book, for the most part, both Uncanny and Legacy have accomplished that for awhile, though I'm sure someone'll pop up to complain about Fraction and this-that-or-something and how Carey just loves Rogue and only focuses on her and no other characters. Or maybe I'm being too cynical.
The former villains team could work, but there are two problems with it: one, are there enough reformed X-Men villains to really do it? And two, can it be done without looking like you're ripping off Thunderbolts or X-Factor circa Mystique and Sabretooth being on the team? Considering those aspects, it might make more sense to just add any reformed villains to regular teams, on a per-interest basis with the writer.
Besides, how much crap did Carey get for putting Sabretooth on the team when he first started writing? Or Milligan getting crap for bringing Mystique into the fold? Or Carey getting crap for using Mystique? Well, fine, they weren't "reformed" in the true sense of the word, fair enough.