This issue relaunches X-Force into its entirely new territory that later relaunched under its own title as "X-Statix #1" once the fans of the traditional X-Force grew too annoyed and Marvel decided to distance itself for a time from all things Rob Liefeld by renaming X-Force to X-Statix, Cable to Soldier X and Deadpool to Agent X.
This issue is also notable for it being Marvel's first core-universe comic to be published without the stamp of the Comics Code Authority since those notorious drug addiction issues of Spider-Man in the 70's.
As for the content of the issue itself, here we are introduced to this new and different X-Force team that has accomplished the rare thing of gaining popularity regardless of their mutant status. They have done this by marketing themselves as a hardcore reality TV show.
Member Sluk is killed early and the team has to replace him with the Anarchist. This new X-Force team is sent on a mission to save the boy band Boyz R Us. This mission ends up being a trap where only the Anarchist, Doop and U-Go Girl survive. Now without their leader Axel the group has no leadership.