Freg brought us some great stuff from Alpha Flight's History. They have kept the original team together with a twist. Now that they have succeeded and gained the trust of fans, I'd like to see them add more of their own flare. Maybe introduce a new character or two into a new Beta flight, perhaps create a new, strong, Alpha Flight-centric villain. I'd like to see them take liberties with flight now that they have worked with the foundation.
One thing Geoff Johns is so good at is taking a character back to his roots, building upon the foundation that made them great and then playing with that mythos going forward. If "Freg" have built the solid foundation on the original team, which they have, then now is the time to play around with the mythos and take liberties. Put their mark on them.