So I purchased the first 3 trades, and it may be a while before I get to more. But...
I'm torn. Because, on the one hand, you have some brilliant writing with an engaging anti-hero protagonist. Who, among many questionable practices and even 1-2 overtly questionable acts, is the most principled character in the comic and is also masterful at destroying hypocrisy in the world.
My issue is with the world he exists in. It's an amalgamation of every fear, possibility, stereotype, and cliche that cynics like to ascribe to our culture. Drug addiction is practically championed, the politicians are all corrupt, the conservative elements are played up as overtly stupid, the masses are treated like dog sh*t, and everyone has some ulterior motive which apparently ONLY the main character can uncover. At one point he even talks about how no news journalists do actual investigating, they only read or watch news feeds. So when he actually spends a couple hours researching a story, he uncovers more dirt than years worth of reporting has before him.
It's a dumbed-down world that exists for the sake of constant real-world allegory. It does nothing to hide the Spider's (and I assume Ellis's) thoughts on certain things, and few issues go by without references to modern religion or politics. Which, mind you, is a veritable playground for anyone from conspiracy theorists to simply the vaguely cynical. It's easy to fall into the "yeah, we're right!" liberal mentality with Spider, because Ellis makes it so easy for us to jump on board. Which is part of the undeniable appeal, I think it's just a bit overdone at times.
The violence and graphic imagery are also notable, but actually become part of the background. Once it's established as the status quo not just for Spider but for the City, what initially seems sensationalistic is actually the most fitting depiction of Spider and the dystopia he rails against.
I want Ellis to rise up and give himself more of a challenge, which I hope he does in subsequent arcs. Because the world he's created is easy pickings for Spider's rage and bluster. It's when he creates situations with more moral nuance that the series shines, as with his first assistant's relationship struggles, the unfreezing of a woman that becomes an anachronistic cautionary tale, or when he gives the reader - and not just the constant stream of sundry antagonists - reason to question Spider.
Worth a read. It's not normal comic fare. And while it bears Ellis's trademark style and devil-may-care attitude toward social taboos, which seem to be at the forefront of a lot of his work, it's an example of him letting himself go that none of his other work quite matches. So I suppose if you don't like Ellis, stay the hell away, because this is him unplugged. But for the sheer dizzying ride he takes Spider on, it's entertaining.
...