I don't know if it as sad as many think it is but all the rumors and speculation about Sam Raimi not liking the script for Spider-Man 4, and his needing to push the prime summer blockbuster release date, the house of cards has finally fallen: Spider-Man 4 has been shut down by Sony.
Though director Raimi is gone, Tobey Maguire is no longer Spider-Man, the entire Spider-Man franchise is getting rebooted. Mike Fleming of Deadline Hollywood broke the news/story??
Anyway Peter Parker is going back to high school when the next Spider-Man hits theaters in the summer of 2012!! YAY!!!
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