I got these from Luke earlier in the week and finally had a chance to open them. A few thoughts:
Spider-Man: This is the kind of figure that makes minimates unique. There really wasn't much room for improvement on this version of Spider-Man so recreating a well-known scene was a great idea. The figure itself is well done too with nice detailing, the only drawback being the hole in the head.
Kraven: Kraven needed an update and this figure does that wonderfully. The sculpted vest is fantastic and the belt surprisingly improves on the last version with sculpted spikes. The knife and spear are excellent weapons and appropriate for the character. I like the face print, comparing it to the old shows how dated that one is, but with Kraven's Last Hunt in mind I think an alternate head with a more crazed expression would have been appropriate.
Prowler: This isn't a character I'm very familiar with despite being aware of but I think DST's done a good job capturing him. The costume is pretty simple so the tampo work is also simple but effective. The mask looks good, it would have been easy for that too get a little disproportionate. The clawed hands and gauntlets complete the look. He's a nice addition to the Spider-Man shelf.
Miles: Sometimes I wonder if I'm being too hard on DST for odd character choices, then they go and make Miles in this costume. I just don't care enough to look and see if it's an accurate rendering. What a waste.
Mysterio: Speaking of a waste, Mysterio is disappointing because he's worse than the last update of the figure. To be fair I suppose the boot detailing is better, howerver the cape/head combo is definitely not as good as the last figure and the metallic paint seems like a lame way to make him look a little more like the movie version. The effects stand is nice and the foot pegs actually fit so he can stay on it which is a bit of a rarity.
Hydro-Man: I wanted a Hydro-Man update as much as anyone so I've really been looking forward to this figure. Unfortunately I think it's just okay. The face print is excellent. The hair is obviously taken from the cover of Amazing Spider-Man #315 which is kind of an extreme look. It's also orange, which is probably accurate to that cover but not most of the character's appearances, but since DST made his hair orange last time I think they're convinced that's the right color. The water stand is sculpted well and stands up with no problems. His left water arm is a good idea, making it so straight though leaves him looking more like he's cheering than punching. The black sleeve is also noticeably glossier than the torso. The splash around his right hand is a little underwhelming, replacing it with a water hand from the last figure might help that out. As has been mentioned, he doesn't come with legs. I think the lack of extras forced by the BAF really hurt this figure. Legs and another water piece or two (check out the figure Hasbro just released) would have made this a great figure, as is it's definitely an upgrade (of course the other figure is 12 years old) but not as good as it could be.
Vulture: I'd be more impressed with this figure if I hadn't bought the nearly identical previous version 9 years ago. Obviously the plastic quality, colors, and printing are improved so I can display it without being annoyed. The body tampo is different and slightly more detailed than the previous version and we have another excellent face. This is another figure that really would have benefited from extra accessories, an alternate Blackie Drago head like others have mentioned would have really helped this figure out.
Molten Man: This figure does a nice job of capturing the comic look of the character. I appreciate the addition of the flame pieces, I just wish they were a little more orange so they stood out more from gold body of the figure.
Spider-Slayer: I'm not sure this is an exact match for any particular Spider-Slayer though it does a good job representing a classic look. I find the Sentinel gloves distracting without tentacles. I can't help but love the JJJ head. I like the figure, I probably would have traded it for extra accessories for the other figures, or dumped Miles and swapped it into that slot.
Overall, I want to love this wave since it has so many villains and minor characters, unfortunately there's only one pack that I think is great, a couple of figures that fall a little flat, and one outright wasted slot. It does help fill a Spider-Man display in a satisfying way so I guess it's a good wave, it's just a little disappointing for me personally.