Marvel 1602: New World is the first sequel to the 1602 by Neil Gaiman. And, unfortunately, you can readily see that Gaiman is no longer involved with the series.
Whereas Neil Gaiman's 1602 was an interesting new take on the Marvel universe - mystic events causing the appearance of superheroes into the world hundreds of years before their time - this so-called sequel fails on every level: there's hardly any historical detail to work as a setting for the story and the characters are less interesting. In fact, the characters are more direct copies of their usual Marvel selves than in the original and you will even see Spiderman's mask making an appearance in 1602. This is far removed from Gaiman's treatment of the characters where he really thought about how a man of certain capabilities would live in another era (Matt Murdock being the prime example - no Daredevil masks to be seen with him).
The story even breaks the premise of superheroes appearing out of their time entirely by presenting other characters, like J. Jonah Jameson (the boss of Daily Bugle), also in the 1602 universe - and, lo and behold, this one also happens to run a newspaper.
What fails this sequel for me is the lack of history and the bland story. This is a meaningless addition that, imho, never should have been made.