I'm of mixed feeling about this, but first issue's are really just starting points, so I try not to judge to harshly.
With that being said, I enjoyed parts of it, and as Melon said, the rest felt like the beginning of everything else they've done so far. I do think it has potential, but so did House of M and Civil War.
I can only hope that Bendis actually read The Sinestro War this past year and thought, "OH! That's how you do it!"
However, if it is revealed that Wanda, Emma, and Hank have been Skrulls since the Kree/Skrull war... I could forgive just about anything.