Originally Posted by
Ursalink
Apparently. I mean, the Green Goblin is Nighthawk's "Joker", Gwen Stacy is his "Batgirl", and Felicia Hardy could be his... Catwoman? (I don't like the sound of that). Also, it appears "Gwen Stacy's death" has become Marvel's version of "Jason Todd's death".
Anyway, I don't think Nighthawk has usurped just Spider-Man. Pretty sure it actually usurped ALL the Marvel Heroes of "street level". That should include Daredevil, Moon Knight and others.
Besides, not all Spider-Man's enemies would be at the level of Nighthawk. Some of them could be covered by Hyperion. For example, Electro could be Hyperion's "Live Wire".
Actually, it all depends of the abilities of each member of the Squadron Supreme. They all cover one aspect of Earth's most dangerous threats, which cover several Marvel Heroes. See:
+ Hyperion covers the most dangerous and physically powerful threats; like gamma monsters (Hulk), killer robots (Ultron) and several others.
+ Batman (I mean... Nighthawk) covers the "human factor" and the "street level". That would cover heroes like Spider-Man, Moon Knight and Daredevil. The human factor also cover heroes of that level, like Captain America or Black Panther.
+ Power Princess covers the "mystical and magic factor", like the usual enemies confronted by Hercules, Thor or maybe Doctor Strange.
+ Doctor Spectrum clearly cover the Alien threats, which covers the foe's galleries of the Fantastic Four, Captain Marvel and similar. That includes Thanos, Super Skrull and others.
+ I'm not sure about the part that Blurr could cover, but it might include "street level" that Nighthawk can not. Although some covers seems to indicate he has a connection with magic.
I think I know what Mephisto is planning with the Squadron Supreme, and it's not good.
First of all, since Tony Stark never became Iron Man, he never stopped making weapons, and that's a BIG problem. And second, in all realities where there's a Squadron Supreme, humanity ends up turning against them and try to destroy them with nuclear weapons. (Usually, only Hyperion survives). By the look of the solicitations, although the Squadron Supreme present themselves as "America's greatest heroes", it would appear the rest of the world sees them as a super-menace. It seems Canada has been destroyed, Europa rejects the idea of Nighthawk's own Squadron, and something tells me the reason Doctor Doom is Hyperion's nemesis is because Hyperion might have destroyed Latveria when it turned into a menace to the USA.
Therefore, I wouldn't be surprised if (in a similar way to DC's Flashpoint), the story ends up with the whole world launching a nuclear holocaust against USA in an attempt to destroy the Squadron Supreme. That would definitely destroy the whole planet, unless someone undoes the "Rebirth" and restore the world back to how it was.