I've made it no secret that I despise One More Day and it's successor, Brand New Day. If you're on the side of the camp that believes Marvel screwed the pooch on Spider-Man, then you should check out Killer Writer's MySpace blog. Regardless of your thoughts on fan fiction, I think you'll be pretty impressed with what he's doing here. He begins the story in Amazing Spider-Man #545 and rather than urinate all over everything and eff things up the way Marvel has, he actually moves forward, and by forward, I actually mean forward, not backwards like Joe Q. Peter and MJ are still married and written in character, which is reason enough to read it but he also weaves a lot of interesting plot threads.
In all honesty, Killer Writer's work is a lot more creative than anything currently going on in the pages of ASM (which is a pitiful attempt to recall the glory days at best.) He's even got a story going that involves Norman Osborn and his green alter ego.
I've exchanged some back and forth messages with the guy on MySpace. Not only is he a good writer, he's downright funny. So check out his page and enjoy.