Fearsome Carnage
Aside from the fact that Segovia's artwork is still excellent and well rounded, this issue I'm less disappointed in the lack of Clayton Crain mostly because right now it seems like this story really isn't about Carnage. He's a plot device, not the main villain or main character; unless something happens towards the end to bring him back to main villain status in the story. What this is, is a Fearsome Four story, mostly The Wizard. And that's not exactly bad, it's just going to turn away a lot of people who came here to see Carnage in prominence.
Part of the problem is that you really need to be caught up with what's been going on with The Wizard lately to really get what his deal is. His psyche has been so broken the past few years it's a wonder he can still believe himself sane. It's painfully obvious that he's completely off the deep end, but it's cleverly uncertain whether that makes him incompetent or far more dangerous. But to really feel the intensity of his scenes you need to know about all that went down with his 'son', Bentley 23, and especially the recent arc of FF. Without that, his ravings are going to feel kind of strange.
Klaw even gets a little bit of interesting character work. He appears to be hardly more than a mindless drone, but his loyalties are actually rooted in some deep details once we get into it. At first he appears almost thick headed to not heed Malus' warnings, but when it's explained it suggests more depth in him to come.
In Conclusion: 4/5
There's a lot of great ideas in the story, and this issue is chock full of some pretty powerful character moments, but you have to go into this knowing it's about The Wizard, not yet Carnage. Not only that, but the story's still moving a bit too slowly.