I like that Spider-Woman gets some focused attention, because, really she NEVER has before. This is the first time. I wish she wasn’t still tied to Spider-Man because the connection makes no sense, but whatever.
It’s an origin story. It starts with Peter Parker, in reporter-mode, in California investigating the death of a journalist.
We then see the West Coast Avengers assembling for what appears to be a routine meeting, and Spider-Woman has to bring her daughter, Rachel. We learn a bit of backstory through flashbacks that Valerie Cooper knew Julia Carpenter in college, where she became Spider-Woman 2 as a result of college science experiments.
Just accept it. Ignore how ridiculous that is.
At this point the dead journalist and the WCA stories merge…
A group called Deathweb killed the reporter, there’s a big fight, and the bad guys take Spider-Woman 2’s daughter. From there, it’s a conspiracy story as the heroes track down and rescue Rachel.
Spider-Woman 2 never ends up being someone who matters much, but if she had, this story would have mattered more. At the end of it, she reveals her identity to her ex-husband, and along the way there are some good moments that flesh out the character.