maybe they both remain as seperate existence as Merlin occurence in our history quite confusing and this way, he can keep the facade of both his persona and play to his advantage
i can understand the pain of a true spiderman fan. In the recent years, marvel has done a splendid job in making spiderman stories a heap of trash from a treasure troves.
Ch 1 When It Rains ,Despair Falls
Spider-Man Chronicles: The Fallen's Last Laugh(On hold)