Hmmmm, well, that is a tough one as after seeing how poorly Superman ended up being, after a continual decline, I don't want to oversell Action.

You also kinda know what you are getting as you have read almost as much as I have, I have yet to read the most current issue 1008, so I am only 3 issues ahead of you so I can't push too much more than you already know. As you are aware, the Superman title has more of an "action comics" feel to it, more of a bam/pow comic, in a way, while Action is more of Superman's version of Gotham Central, but inside a newspaper.
There are still Bendis'ism that some hate

, but I don't usually mind most of those. I even enjoy the Bendis speak as I like the way it works the pacing/timing of panels, but hey I am not here to sell you on Bendis, like most, I feel you enjoy some of his stuff while some of it you don't.
I will say that I have enjoyed it even more over the last couple of issues because we are finding out more of the newest threat (the one you should know) and because the art is looking freaking amazing. I always talk about art matching the tone and Steve Epting is perfection here. I had said he is looking his best since his CrossGen Crux work, and I feel that is true, but then again, this also reminds me of the great work he did with Brubaker on Captain America. He is just a great "Street Level" type of artist (and that is the basic idea with Action now) that is works really well.
So yeah, there are things that make me roll my eyes ... like Jimmy Olsen's joke (I hope) about dating Talia, but there is also some good non-cape stuff here. Plus, we are getting ready to have a great confrontation between the DEO/CheckMate/Leviathan that I am eager to read about.
And even though Superman went to shit, I am still reading a Superman book. Me. It helps the book is not JUST about that guy, but still, I am reading a Superman book
