I like everyone of the Young Masters from the Dark Reign mini (my personal favourite, Sylvie Lushton but I also liked Coat of Arms).
I agree that what at Marvel, they did with them is ridiculous and lame, at least more of less Gage respected some of them on Avengers Academy but what Fraction did on Iron Man with Melter, Bunn on Fearless Defenders with Sylvie though he said that he had some plans with her and obviously Hopeless on Avengers Undercover make them totally irrelevant and totally wasted all together.
I´m still hoping some change but seems that at Marvel, only some young characters have their chance to shine (more or less).