There's such a thing as character assassination. Then there's character beating with a sack full of doorknobs. Such is the fate of Wanda Maximoff.
There's two ramifications of this story that I want to discuss. The first is what's been done to Wanda. As my good friend Mr. Horse would say, "No, sir, I don't like it." I admit, I'm biased; "my" Wanda is the one from Kurt Busiek's run on Avengers, the strong, capable deputy leader who was driven to understand her powers in order to better understand herself, who wasn't afraid to call Captain America on letting his responsibilities slide, who was faced with numerous challenges and met them all head-on, who was very much the emotional center of the team.
That Wanda is emphatically not this Wanda. As Bendis would have us believe, that Wanda never really existed, but was just a projection to hide the real Wanda, who was obsessed with her dead children, couldn't control her powers, killed Agatha Harkness and animated her corpse to cover it up, and talks like a third-rate version of Buffy from Drusilla. In essence, Wanda has gone, with little rationale, from heroine to waif. 20 years of development wiped out because, well, it doesn't fit. The combination of lack of respect for others' work and apparent contempt for the character does not sit well with me at all.
Adding insult to injury, there's pretty much no way to salvage Wanda from this. Bendis has definitely outdone himself in terms of impact and permanence for this storyline; the way he's crafted the narrative, there's no undoing any of it, and no way to heal the damage done to Wanda's psyche. Scarlet Witch is done, and I can't help but feel a sense of loss.