When you've been trying for 40 fucking years to find some interesting hook to a character and can't do it beyond your at the time number one writer telling you she's super important (but not really showing you why) then no, that's a bad character.
The character was killed (then revived) and was basically a non-entity for twenty years and was only brought back because Bendis waifu'd her and yet nothing interesting has been done with her since. The only thing I could possibly see working would be to go back to something like the earlier bits of the original series: moody social isolation, lots of stuff at night and dark colors, macabre and bizarre enemies and situations, body horror and overall surreal horror.
Not like anything like that would actually be done though. It'll just be Generic Female Lead Action Book (with minimal, poorly done action).