I'd have to go for Sinestro Corps War. Now don't get me wrong, Flashpoint was a good read, but it just doesn't add up to the majesty that was the real scope of the conflict that ingited the War of Light. Sinestro and his corps launched a campaign that stretched the Universe and was such a masterful epic.
Honestly lets be real, Wolverine is the fallen Samurai, the lone warrior, the secret soldier and silent enforcer. HE ISN'T A LEADER OF MEN!! An that's my annoyance, this is all contrived BS so they can make him the center of the X-Verse, which comes across as fanservice. Much like the stunt they pulled with Spidey an MJ a few years ago. Some people want him in this role and willl swallow this, I'm sry the obvious villainous tint they've attached to Scott over the last two years to even justify this argument is kinda pathetic. I love the X-Men as much for the Team dynamic as the characters. An this, is a rather shoddy version of the X-Men. Here's hoping that No More Humans starts to rectify this as it forces them yet again to work as the team they used to be, not the squabbling mess they've become.
This is almost as bad an idea as placing Wolverine in the overall leadership role for the X-Men, we have Scott, Charles, Cable, Cannonball, a laundry list of characters who are better suited. Oh wait, that's exactly what they've done. Well, guess it's more of the same. Congrats to the Logan fans.
Well that's smply a matter of perception because when you get right down to it he's a mixture of the two. He manipulates the Electric Magnetic field, hence why he can do so much more then just hurl electricity at his foes, the more exotic things he does are in fact remminscient of Magneto. An as he gets older and grows into his powers, yeah he should be capable of everything Mags can do and more.