The cover does NOT represent what happens inside this issue.
Alistaire Smythe–son of Spencer “Spider Slayer” Smythe–thinks Mary Jane is Spider-Man, for reasons not worth getting into, so he hunts her with new slayers.
Smythe accuses Kingpin of being “Soft on Spider-Man.” That’s pretty funny.
MJ wears a Spider-Man exoskeleton to play along, also for reasons not worth getting into. She does leave a distress call for Spidey though.
The biggest casualties of this story are the Parkers’ skylight and a water tower.
It’s a funny story with weird art.