One More Day is a train derailing and then wrecking into a garbage fire, all for the sake of rebooting continuity back to when Joe Quesada was a kid reading comic books, which is not a good idea if you want to inspire the current kids to read comic books.
I’m firmly in the Claremontian camp of organic character development – characters should have a chance to mature and change like real people, and that includes Peter Parker.
And one of the great things about the Marvel Universe is that you can do that while still giving people different versions of the same superhero, because Spiderman and Peter Parker of Earth 616 aren’t necessarily equivalent.
If you want a Spiderman struggling with high school and teenagerdom, try some Miles Morales or maybe some Spider-Gwen. If you want something really different, like giant mechas or noir pulp heroes or Spiderhams, there’s an entire Spiderverse to pick from.