I really liked Hollywood. That arc had so many great scenes! Doc Oc pulling out one of Peter´s tooth, Gwen Stacy finding the Spider-man suit, Peter discovering he´s in Brazil, Kong starring in the Spider-man movie and so on.
After that, at first I thought the quality had gone down. Both the art and the stories seemed to lack something in the Carnage arc, and the Superstars arc. Regarding the art, that was probably due to the new inker. My biggest problem with the stories was that Spider-man suddenly was fighting so many super-criminals. Earlier, the costumed super criminals was few and far between - doc oc, green goblin, sandman, electro and so on, and always used to great effect. But suddenly they were all over the place. Punisher, that robot zombie guy with the Ultimates, and that Gladiator guy in issue 60, and thats not counting Carnage. Also don´t forget the Beetle guy in the last issue. I suddenly get the impression that Spider-man is fighting superthugs once a day, and that´s not my idea of USM. It should be more down to earth, mainly focusing on the High School cast, and when something out of the ordinary happens, it should have a big impact. That was my impression when I first read these issues.
I have recently re-read them though, and I must say that the stories to me seemed better when you read them in a single session. These two arcs are when Peter Parkers life really start to spin out of control, due to his gig as Spider-man. Up until now, he has been able to more or less live a normal life when he doesn´t wear the mask. A life with tragedies, sure, but a life without superpowers interfering nonetheless. But suddenly, all his actions as Spider-man is bouncing back into his normal life. Gwen is killed, and he almost doesn´t have time to griev, because all sorts of things keep happening. Wolverine, Johnny Storm and Dr Strange all gets in his way, and disturbs not only Spider-mans life, but Peter Parkers life as well. Now there is no more a distinct border between Peters life as a superhero, and his life as a high school kid. This poor boy has these amazing powers, but every time he uses them, someone he cares about dies. And the more he tries to live a normal life, the less normal his life becomes. And now Harry Osborne is back, who knows he´s Spider-man, and who surely will disrupt Peters wellbeing even more. And Mary Jane is sliding away from him too...
I still have some problems with the art, and the "Super Villain of the week"-threatment, but I really think the best USM stories are yet to come. The last two arcs does a great job in showing just how much his career as Spider-man has messed up Peter, and how his life now seems to go straight to hell. It was a long time I saw Peter smile, indeed.