As far as I can tell, it's not a reboot. Unfortunately Jean and Scott are nowhere to be found. I guess they are on a different team or something? Rogue isn't in it either, though she made an appearance at Northstar and Kyle's wedding. The main characters are Wolverine (of course), Gambit, Northstar (and Kyle), a female Shi'ar warrior whose name I forget, Iceman, and Karma.

They rarely interact with any of the other X-men (again, except at Northstar's wedding), which I don't like. Guess I want one big happy team.