Synopsis
The issue opens with a double-page spread of the battle between Avengers and X-Men on Utopia island in Avengers vs X-Men #2. But it immediately shifts back in time to a period between the fight against Norman Osborn's HAMMER coalition and Avengers vs X-Men.
Iron Man, Hawkeye and Spider-Woman watch Captain America taking out his frustrations on some training robot assailants. The frustrations of being head of SHIELD and all the Avengers teams, as Stark had been before him (with Norman Osborn's Dark Reign in between).
Tony catches Clint and Jessica kissing, and asks if they are an item.
Steve muses on the roof over the recent anti-Avengers and anti-Cap claims made by the media, Norman Osborn and Madame Hydra, and by Wonder Man in Annual #1 and earlier. He's filled with doubts and insecurity.
Thor drops in, and apologises that he's not been able to be an Avenger lately. Cap welcomes him back. Thor suggests that Steve is always best working outside the system, helping to keep it honest. Perhaps now is the time to relinquish control, while things are peaceful.
But just then Protector rushes in saying he's detected AIM tech operating in Canada. Iron Man joins them and says they should go after AIM, who still have the stolen super-hero genetic secrets from the war against HAMMER. All 5 of the Avengers fly off to attack AIM, along with Red Hulk, Storm and Vision and the SHIELD helicarrier.
Monica Rappaccini is inspiring her AIM underlings with a vision of the world run by scientists (meaning themselves of course), when the Avengers arrive. They make short work of a load of AIM troopers, some in armour. Rappaccini destroys secret documents and tries to escape. But she is felled by Cap's shield.
Cap's spirit is buoyed by the decisive victory. Except that Rappaccini points out that the super-hero secrets are still out there. (In particular Madame Hydra still has them.)
The issue ends with a foretaste of Avengers vs X-Men as the Kree Supreme Intelligence contacts Protector to warn him of the approach of the Phoenix Force. But he also charges Noh-Varr to intercept and contain that force, even if it means betraying and killing the Avengers.