What they got right: Seeing as Marvel is most likely not going to return Marvel Adventures: Iron Man (and seems to be dropping MA: Avengers), it's nice to see an Iron Man comic I can read again. The kids are in character with their cartoon counterparts and the art reflects the show's character models (most of the time) while still being a comic. The story is pretty good, but it does have it's faults. To wit:
What they got wrong: Do we have proof that there is an AA version of Spider-Man, who gets a mention? Not that I recall, and that's a major problem with these spin-off comics. DC and Marvel writers keep making the mistake of playing too close to the mainline universe, only to be burned by the animated series the comic is supposedly based on. See also AA SHIELD and the other characters. Also, why is Nick Fury this big a jerk here? And why is every Nick Fury now based on the Ultimate Universe version?
Recommendation: If you have some extra money in your comic budget or your an Iron Man completist, give it a look. Otherwise, just stick with the cartoon.