Have you been reading Ewing's Mighty Avengers? He had Monica turn into Gamma energy to give She-Hulk a power-up. That's the kind of Monica we're going to be getting in Ultimates. (Of course, even before that, KSD had Monica turn into energy to merge with Carol for a power-up.) So, I don't think Monica's going to be getting relegated to anything.
Spectrum will still be Spectrum. by Tom Brevroot.
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Isn't the concept a bit of a copycat of the Yost/Kyle X-Force and the Remender Uncanny X-Force?