Not necessarily. It depends on the book and universe you are talking about. They based the character on a Spider-man who is no longer even a character in the Marvel Universe. Ultimate Spider-man died years ago and was replaced by a character name Miles Morales. He is a Hispanic-African American now. So they really didn't catch up.

Marvel has a bunch of comic lines. The one they are using for the pinball machine is the Ultimate Line. Peter Parker is the regular comic line went to college, got married etc... . Marvel then decided they wanted to go back to the roots and launch an "new" Spider-man in an alternate universe.

This was a relaunch of Spider-man, and came under a title called Ultimate Spider-man. They wanted to appeal to a younger generation and recapture what made Spider-man a unique character, a teenager who is a super hero that has teenager problems. They did keep the original in the Amazing Spider-man book.

By having 2 books, they could keep the older readers who grew up Spider-man by not erasing all the stories that dealt with old Peter Parker and get new readers by having a teenage Peter Parker. In 2011, they KILLED the Ultimate Peter Parker and replaced him with a new minority teenage Spider-man hoping to capture an audience that reflects a different time.

They based this pin on a dead character. There is no Ultimate Peter Parker, the guy on the slings is no more.

https://en.wikipedia.org/wiki/Spider-Man_(Miles_Morales)

Depends. Comics used to have a "Comics Code". If you had something unacceptable it would not get the stamp on it. This was a very strict code that made sure books were tame. The code was a stamp placed on the cover.

Long story short, the publishers decided to regulate themselves and since one code did not fit all they have a tiered system like the gaming, television, and movie system. "M" = Mature, which has adult themes, etc....

Exactly, now Marvel is doing the same thing that DC did and trying to merge the Multi-verses. It is basically trimming the tree. They based this pin on something that was trimmed.