You know, these early shellhead stories are pretty good! AMong what I've read so far, I'd place it solidly just below Fantastic Four and Spider-Man, maybe slightly above the Hulk, and way ahead of Ant-Man, Thor, and the Torch. These stories have a little more unique character and pizzazz, benefiting from the industrial milieu, Tony Stark's unapologetic playboy persona, and pleasantly melodramatic twist of his heart in constant need of recharging--an effective, plausible weakness to limit our hero's invulnerability and ingeniousness. Heck, even the early Larry Lieber-scripted issues aren't as hackneyed as his work elsewhere.
A lot of these stories lean on the old anti-communist tropes comics relied on in the 60s, with some unfortunate and unflattering Asian stereotypes, in particular. What the Iron Man stories do better than most, though, is to give their "commie baddies" a little character--not particularly deep or flattering character, but an improvement nonetheless over the usual faceless, moustache-twirling one-offs. The communist saboteurs Iron Man battles reveal the suspicion and backbiting that American observers attributed to the Soviet society and power structure; though these are stereotypical depictions, they actual help to endear the villains to this reader--it builds empathy for me to see the results of the supposedly corrupt society these people have to endure. There are a couple of occasions where these comics comment on the difficult circumstances of people living and working in the East, actually inviting the reader to avoid simple condemnation. It might be empathy built on simplistic propaganda, but it's a step.
Much of the art is handled by Don Heck, whom I continue to appreciate. He renders a slick, debonair Tony Stark who suits Stan's stated inspiration, Howard Hughes. A couple of issues feature Steve Ditko art, including one that debuts Stark's first major armor redesign (the red-and-gold that would provide the template for most subsequent models), and those are great too.
BRING ON THE BAD GUYS: Not a ton of classic villains debut here, with a few notable exceptions: the Melter is the stuff of solid B-villainy, with his oddly specific gadget-based melting powers, and would go on to feature in a couple incarnations of the Avengers' opposite number, the Masters of Evil. The Crimson Dynamo embodies the Soviet neuroses noted above, and would go on to be one of Tony's most enduring foes. And then there's the Mandarin, appearing in the final issue of this collection in an oddly abrupt-ending debut for the man who would one day (sometimes) transcend the gross Asian stereotypes and become Iron Man's arch enemy. You know what, I'm also fond of Jack Frost, the ice-flinging corporate saboteur who first appeared in the same month as the mutant Iceman; where that young hero has an almost cuddly snowman-esque appearance, Frost sports a hard, harsh, almost counter-cultural spiky look. I'm into it. The big prize for the loser of this collection is the "dreaded" Mr. Doll, he of the fetishy headgear and the slighty kinky, pain-based alternative to the Puppet Master model of villainy. Apparently he was supposed to be called "Mr. Pain," but the Comics Code Authority put the kibosh on that--but really, the team must not have tried very hard to come up with an alternative. I can't say I blame them; I'd be pretty over it if I got all done with a script or a whole issue and suddenly learned I'd have to alter a central character. But still--stupid name, stupid power, stupid look.
LADYWATCH: You know what? I don't know if this is a popular opinion, but I think Pepper Potts may be the most successful female character in the Marvel Universe so far. At least at first. She's feisty and independent and doesn't take any guff, and at least at first isn't all love-lorn. She's depicted as being protective of Tony in an almost motherly way, and her repartee with Happy Hogan is often delightful. Even after she decides she's secretly in love with Tony, she doesn't become the fluffy, one-note female of a Jane Foster. Sadly, I think Pepper is actually the only named, recurring female character in these issues, so the comic as a whole doesn't get a passing grade here.
SUPERHERO TEAMUP: The X-Men's Angel appears in a ridiculous little story where he gets exposed to radiation and turns evil. He and Tony fight and then Angel's natural goodness reasserts itself and they have a sweet little rapprochement. I wonder if anyone ever mentions this ever again. The rest of the X-Men appear (Prof. X has a brief crisis of conscience over Angel's betrayal, giving him a neat mini-arc), and the Avengers appear briefly as well.
COSMIC ENCOUNTERS: None, really (oh, I think there's the requisite anonymous alien invasion issue), though there is an inexplicable time travel story that exists as an opportunity for Tony to charm Cleopatra.
CONTINUITY NOTES: During this collection, Iron Man becomes a founding member of the Avengers; though that event goes without reference, the Avengers do make a cameo, as mentioned above. Problem: the Hulk is depicted as a member, and Hank Pym is depicted as Giant-Man, and Iron Man is in his Mark-2 armor; it is not possible that all three of these things co-occur. Since Stan Lee was writing all the titles involved, and was certainly the editor of all three, I'd be fascinated to learn the vagaries of scheduling and the order of writing that led to that inconsistency.