The Fantastic Four continues to sit around with their thumbs in their asses, saying "We don't know what this is" while Carol Danvers says stuff "Well, I want to know what it is!" for about three pages. Now watchers show up at each place we might find interesting (Stark's mansion here the ultimates are (Still in a Ultimates 2 Iron Man suit by the by), the Triskellion, Xavier's school, and Peter Parker's attic (really?). It shows up in a couple of other places too, the Daily Bugle, London, Hell's Kitchen, and the Baxter building.
We flash back to Weapon X where Wolverine is being released by an unkown person. He gives a speech about freedom and the people in charge of Weapon X come pouring over the stairs. The woman in charge calls the man Erik (Magneto) and reveals that he is her son and she wants to find a cure for him and his kind. He kills her and all the soldiers with the metal in the room.
Flash forward a little to the first meeting of Magneto and Xavier. Xavier is teaching a class and Magneto steps in to talk to him telepathically. Apparently Xavier has an in ability to read Magneto's mind unless he is thinking at Xavier. Also, apparently Magneto can see when other mutants are using their gifts.
We then flash to the Savage Land where Magneto has put together a world based on Xavier's dream, but Xavier isn't sold on it actually working. HE says there are too many steps in between. They have a lengthly discussion where Magneto attempts to convince him, then, watchmen style, creates an enormous metal structure out of a few small blocks of metal. Nearby a metal totem pole watches. Yawn