While the Deadpool back up story is ok, the Wolverine/Hydra story is great.  The best part of this, though is that Marvel finally seems to remember what made Annuals great, these are self-contained stories that require no knowledge of previous storylines. 

I had no real problems with the stories or the art, but I do wonder when Man-Bat crossed over into Marvel and became a member of X-Force.  Seriously, tho is that guy?