So Marvel has announced their big event for 2012, Avengers vs X-Men. From what I've read (http://www.comicbookresources.com/?page=article&id=35774 and http://www.usatoday.com/life/comics/story/2011-12-06/marvel-comics-avengers-x-men/51672784/1), it will be a bi-weekly 12 issue event created by a whole pile of creators.
Writers - Jason Aaron, Brian Michael Bendis, Ed Brubaker, Matt Fraction, & Jonathan Hickman
Artists - John Romita Jr., Adam Kubert, Frank Cho, and Olivier Coipel
From what I've read it seems like individual writers will script each issue, and each artist will be responsible for a 4 issue arc of the series.
I will be passing on this event.
12 issues for such an event seems really stretched out, even as a bi-weekly. And currently Marvel is doing an Avengers/X-Men crossover called X-Sanction, which I am assuming will lead into Avengers vs X-Men. So before you add any tie-ins that is a massive main event, which is funny since a couple of years ago Marvel said they were going to focus on "smaller" events, like Siege, which clocked in at 4 issues (and I hate to say it, should have been 6 to give each plot point enough room to breathe).
I also am not wild about so many creators working on the book. Maintaining a cohesive story with so many hands in the pot is going to be tough. For example, Coipel and Romita Jr. couldn't have more dissimilar styles. On the writers side, maintaining a consistent voice is going to be difficult, especially with Bendis' dialogue style.
It really is too bad, because there is some potential for some good stuff here. Seeing how the Beast, Wolverine, and other X-Avengers react to being put in the middle could be good stuff. I'm a fan of the old Avengers vs X-Men mini-series that saw Magneto tried for crimes against humanity, but it was a much more reasonable 4 issues (that will probably hav more story content than all 12 here).
I skipped Fear Itself because of event fatigue, and now Marvel is launching a 12 parter that will get its start in another crossover (again, my assumption, not confirmed), I will definitely not be adding this to my pull list.
Fortunately most of the titles I read should be immune from this crossover, or at least I can hope.