I'm actually eager to see how Peter will react to this.
I mean, he acted like things were straight between him and Otto last time they met (which I found out-of-character, but what can you do), but I don't think Peter would ever accept him using the Spider-Man name again. Especially Spencer's Peter, who seems pretty comfortable acknowledging how much Otto screwed his life up.
Granted, moving to San Francisco also probably means we won't see Peter bothering with Otto in this book at all.
Or we just get plain ol' Doc Ock back .
Which is kind of amusing given he's still running around in Peter Parker's body more or less .