- Gen. Slocum is at the Quest Aerospace proving grounds to watch their exoskeleton and flight suit tests.
- He tells a Quest exec that if the test goes well, they'll sign a contract ASAP. He'd like nothing more than to put Norman Osborn out of business. They take their places in the bunker to watch the tests out in the field.
- The pilot in the flight suit lifts off. Just then, we hear a cackle like the one Norman heard in his penthouse, and then a green streak shoots through the night sky like a missile and blows up the pilot.
- A green figure on a hoverboard flies toward the bunker and blows it up, too. Peace out, General.
- Cut to Midtown High graduation day. Peter takes a photo with the chess club, and Aunt May tells him how proud she is. Norman gives Harry his congratulations and then essentially brushes him off so he can talk to Peter.
- Norman tells Peter to try to enjoy the day, even though this is a difficult time right now. He also tells Peter that he's like a brother to Harry, and that if he needs anything, just call.
- Once again, he's clearly more interested in Peter than he is in his own son.
- Harry, meanwhile, witnesses Mary Jane breaking up with Flash.
- Peter and Aunt May arrive home. Aunt May offers to fix him some food, but Peter declines and heads up to his room.
- Cut to later that evening. Peter sits on his bed, crying. Aunt May enters. Peter tells her that he missed Uncle Ben a lot today and that he hates that he acted like a jerk the last time he saw him.
- Aunt May reassures him that Uncle Ben loved him like crazy and knew he was destined for great things.
- Peter pulls out his Spider-Man suit and a sketchbook. Uncle Ben's reminder that with great power comes great responsibility replays in his head.
- Hold on to your butts, it's time for another montage.
- Spider-Man has become famous.
- He's also upgraded his costume. It looks way more professional. As we watch Spidey foil robberies and muggings, we get several New Yorkers' opinions on him. Most are positive.
- These talking heads are interspersed with close-ups of newspaper headlines about Spider-Man's exploits, as well as shots of Spider-Man swinging through the city. He's finally got this web-slinging thing down.
- At the offices of the Daily Bugle newspaper, we meet its pompous, fast-talking editor-in-chief, J. Jonah Jameson. He wants to know what this spider guy is doing on the front page of his paper. He thinks he's a criminal.
- Once he finds out that Spider-Man is making his paper fly off newsstands, he quickly changes his tune and demands that they put an ad in the paper that says they'll pay big bucks for good photos of Spider-Man.
- Now, who do we know that takes pictures…?