I think Joe Mad draws beautifully (most of the time) but even I can't stomach the idea of launching a title as "ongoing" when he's drawing it.
It can only be monthly if he has drawn the entire series beforehand. If #1 hits the stands and every other issue isn't in the can, the series will be delayed. I assume he's only drawing the first arc of the series, and so it's possible his run will be on time.
And then... RULK? Really? Is he still around? If I was doing a Spidey team-up series and I could pick only three characters and the tagline was "My Friends Can Beat Up Your Friends" and it's in continuity I would pick...
Thing (because I can't have the Torch and because he's with Spidey in FF and so it's conceivable they'd hang out), Iron Fist (because his inner calm and discipline would be funny next to Spidey, and also because he'd offer Spidey a job and oop, there I am caring about something other than who they'll punch every issue), and She-Hulk (because she and Spidey are awesome together).
And I picked those three after looking at the roster of characters in the Marvel database which is the least amount of research one could do.