The game was announced at the New York Comic Con in front of hordes of excited fans. Drawing the biggest cheer was developer Beenox's admission that the game will return to Spidey's open-world routes. Exactly like the uber-popular Spider-Man 2 game on PS2, The Amazing Spider-Man will see the masked Peter Parker swinging around New York freely.
There's a trailer after the jump that gets the point across. It actually looks rather good.