Yeah, it was also the worst depiction of Taskmaster I've ever seen. Kelly did a crap job with him and it seems like he didn't even check any of his appearances. He gave TM the old campy arrogant Dr. Doomian speech patterns, whereas he's always been depicted as a thug from the Bronx.
Though Kelly did have some interesting ideas for TM that were never used as he messed his characterization up so badly the first time around he was percieved as little more than a joke until others came along and fixed him. Kelly was going to have him watch tapes of great diplomats, chess players, philosophers, speakers. strategists etc.. TM would then be able to mimic this, realize and surpass his limitations and create a "paradox". What this exactly means is lost somewhere in the void that is rough script drafts and desk notes as Kelly never further explained.
As far as toys go, Taskmaster has his hard energy creator, good for making energy shields (Captain America), claws (Wolverine) and webbing (Spider-Man). Probably able to do much more, we just haven't seen it yet. He carries a katana having observed some of the best oriental swordsmen in the world (Silver Samurai amongst them) and dual pistols, probably 9mm or .45's (as Punisher uses these, and he has copied Punisher various times in the past). With the breadth of people he's observed, he could easily string together an adhoc weapon, or pick a random weapon up and use it to near full versatility.
The creme de la creme however, is his image inducer. TM is a lot smarter than some have given him credit for. Though a Bronx thug at heart, he has certainly transcended his initial position, check out his mini-series if you disbelieve me. Depending on where the fight takes place, TM could get lost in a crowd, and come up behind Batman as a totally different looking, sounding and acting person.