DC has had a lot of opportunities to do Capt. Marvel right, and except for the stuff by Jerry Ordway, Bridwell/Newton, and Alex Ross (OK, maybe a few Kurt Shaffenburger stories from the 1970's) it has all been terrible.
The new series would be tolerable if they were running a parallel series aimed at an older audience, or aimed at all ages as were the original Fawcett comix.
It's sad, but seeing that Ross had good ideas that were dismissed, as was a late bronze age concept by the great Don Newton, it just kind of fits. DC just doesn't know what to do with most of the characters it has swallowed up from other companies, i.e., Blackhawk, Plastic Man, Blue Beetle, etc.
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