Hmm? Spider-Man 3 came out in 2007. They're targeting the reboot for 2012. That's a few years and then some.Man... don't reboot the series already. Give it a few years. Pick another comic book to do in the meantime.
The whole "travesty" thing...I don't get it. Seems to me like folks heard that Spidey 3 would have Sandman and Venom and Green Goblin, then fanboys just went off on some jag about how the Batman movies had multiple villains therefore any movie with multiple villains will suck. The "travesty" reaction was a fait accompli before the movie was even released.Spiderman 3 was the travesty it was because the "Studio's" wouldn't let Riami do what he wanted.
Personally, I liked everything that went on with the different villains. Eddy Brock was a good rival for Peter, Sandman was a sympathetic villain (and he provided Peter with someone to fight when he had the symbiote), and there really needed to be closure with Harry Osborn.