I thought it was great all around. Did it follow any spiderman timeline/thing well? not really, but it worked. And I think if you had some wicked amazing powers and a baddass black suit, you'd do some whack stuff too, why? because you can.
I thought sandman looked great, and Thomas Church who played him did well.
I think for spiderman 4, Lizard and Kraven the Hunter would be a good mix, but maybe thats just me. Maybe Rhino just to make it classic.