A restored Hero One is cool by me, but a big NO for Ms. Liberty. Despite her training me from a hero-ling, I've found her a bigger jerk than her grandpappy. Especially when her Longbow goons are in play.
For me, the solution appears simple. We've got this big ol' complex called Portal Corp. We've already found a nasty doppelganger of States. Why not have a story arc where a good doppelganger is found, say one whose world is toast, and bring him home to fill in. Now this is not just a carbon copy. He may have been forged at the well, but since then, he's had his own life and developed both his own personality and costume. So the new devs can play around with his settings a bit, and create something the players like. This creates a lot of story potential as well: a fish-out-of-water starting at the bottom of the hierarchy and learning to fit in, potential conflicts and resolutions with Ms Liberty and Phalanx teammates, different ways of handling situations while trying to avoid the spectre of comparison to the Prime version, and an ongoing storyline of his wrath and avenging hunt for those that destroyed his world. Imagine story arcs where he shows up to help your level 15 character, not because he's the top dog, but because he's assigned to assist while he's being evaluated for HIS level 16 rank as well (though as a fully experienced hero, he'll be on the fast train to security rank 50).