There’s a vigilante killing criminals in New York, but it’s not Punisher. I mean, he is killing criminals as well, but in this issue Spider-Man is doing it.
Of course it’s not the real Spider-Man. But if you’re going to go through the trouble to make a copycat costume, why would you have silver shoes?
In an interesting twist, the imposter also has a second identity: Master of Vengeance.
Like most Punisher “team-ups,” we end up with a loop: Punisher first fights the Hero, then they team up to catch the Villain, then Punisher tries to kill the villain so the hero fights Punisher again. It’s a formula that’s been used in multiple Punisher stories in the past, but it’s done well here.
In the end, Pete swears he’ll never let Punisher get away again.