@xwraith: I think for it to be a "reboot" they'll need to delete character history and memories and reset timelines. If they do like DC does and turn the stories into "Iron Man and Captain America meeting for the first time to battle a new enemy - Doctor Octopus???" it would be a reboot. If Steve and Tony still remember their history, are conscious of the events of the past and are sitting there with Miles Morales going, "Wow, we've lost a bunch of friends and gained some new ones..." then it isn't really a reboot. Just a refresh.
In which she will be revealed in the series finale to be totally insane and with hidden, unkown even to herself, reality warping powers. She projected all her feats into the minds and reality of everyone in the cosmos, when in fact, she's just an unstable Scarlet Witch waiting to happen. Finally confronted with the truth by Deadpool (who is the only one able to see through her reality warping) after she brings several dead villains to life to defeat them again, she snaps. "No more bad guys," she whispers, obliterating nearly all life, any sentient being who has ever sinned, from across all the multiverses. Now in a multiverse made up of almost exclusively children, her nanny service is really going to start picking up.
It may be a cool show, for all I know, but they're making a big mistake by letting every network and big company have a different character and a different piece of their lore. You think they'd have learned from Marvel's mistake.