I really hate that "The book sells under Slott" argument. Of course it does, it's Spider-Man. At this point, he's one of those characters whose books will sell decent numbers regardless of the quality.
Plus, lets not forget that ignoring Ultimate Spider-Man, Slott's not really had any "competing" 616 Spider-Man titles to deal with, only the team-up book. By the end of JMS' run, Amazing had two other ongoing Spider-Man books competing for people's attention - you wanted straight up superheroics, you had Amazing; you wanted a darker take, you had Spectacular; you wanted a more "classic" Spidey book, you had Friendly Neighbourhood. Under Slott, you've had the choice of Amazing/Superior, Avenging/Team-Up or not buying a Spider-Man book.
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Plus, lets not forget that ignoring Ultimate Spider-Man, Slott's not really had any "competing" 616 Spider-Man titles to deal with, only the team-up book. By the end of JMS' run, Amazing had two other ongoing Spider-Man books competing for people's attention - you wanted straight up superheroics, you had Amazing; you wanted a darker take, you had Spectacular; you wanted a more "classic" Spidey book, you had Friendly Neighbourhood. Under Slott, you've had the choice of Amazing/Superior, Avenging/Team-Up or not buying a Spider-Man book.