Could we handle him? Assuming there are no other superheroes and ignoring the Kryptonite get-out clause on account of it being a far too boring answer. What would happen if Superman existed and he went bad and decided he wanted to rule Earth?
Has nobody watched the "Megamind" movie? We wouldn't need to do anything. Eventually, Superman would just get bored and leave Earth.
Actually, I was thinking about Megamind, i.e. the super-villain, after he (falsely) believed he'd killed his nemesis, i.e. the super-hero dude.
Sure, for a while he was enjoying himself and wrecked a few buildings and stuff, but he soon grew bored because there was no one that posed a threat to him anymore.
(I just realized that I perhaps should use spoiler tags in case someone hasn't watched the movie, yet?! Oops.)
If Superman existed, would that then not logically then mean other comic-book characters do exist too?
Would we not have then a Batman or Wonder Woman or Green Lantern, etc. to even the scales of good vs. bad?