With the release of Secret Invasion this last week I wanted to reread Brian Michael Bendis' New Avengers run in order to hopefully pick out the hints towards his uberplot. Overall the series stands up to rereading very well and its nice to see something that appeared to be a small detail in one panel of Avengers #502 play out nearly 4 years later. So yeah, it's clear there has been a plan all this time, even if the constant interruptions by events (House of M, Civil War) seemed to get in the way more than anything else.
The book is not without its flaws, it's never been able to hold onto a consistent art team for one. For another Bendis had to spend an inordinate amount of time showing how such a disparate group of characters could fit together, and then had to scrap all of the work he put into it when the Civil War came along.
On the other hand anytime Bendis writes Spider-Man and Luke Cage its something worth reading. The eclectic mix of artists (Mike Deodato Jr., David Finch, Steve McNiven, Leinil Francis Yu & Frank Cho) are all top notch. And now there's Secret Invasion to look forward to, which looks like the first event in quite some time that might actually be fun and not just something to read because it will "change the landscape of the Marvel Universe forever".