Events = Campaign Settings, yes. They allow us to do a number of things at once: stats for favorite heroes, locations and background for favorite Marvel Universe places and groups, adventure material, hooks for home-brew stories, etc. Each Event is a big What If? sandbox with a lot of tools and resources included for you to do with as you like.
I'm well aware many people don't want to play existing Marvel heroes, which is why we're not using any shoehorns. We're giving you great heroes with stats, provide you with carte blanche to tweak, modify, play, or bend them however you like (you're the writer/artist, after all), and make it possible to replace the stars of any given Event with other heroes and tell entirely new stories. We've found people are actually really grooving on playing existing Marvel heroes, so we're not going to back away from that approach. I think we can serve both audiences equally well, however!
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Margaret Weis Productions, Ltd
Make Mine Marvel!