Note: I will very carefully avoid spoilers but stay offline until you see it because there are going to be landmines on social media.

“No Way Home” picks up immediately after the end of “Spider-Man: Far From Home,” with the sound of that film’s closing scene playing over the Marvel logo. Mysterio has revealed the identity of the man in the red tights, which means nothing will ever be the same for Peter Parker (Tom Holland). With an almost slapstick energy, “No Way Home” opens with a series of scenes about the pitfalls of super-fame, particularly how it impacts Peter’s girlfriend M.J. (Zendaya) and best bud Ned (Jacob Batalon). It reaches a peak when M.I.T. denies all three of them admission, citing the controversy about Peter’s identity and the roles his buddies played in his super-adventures.

Peter has a plan. The “wizard” he met when he saved half the population with The Avengers can cast a spell and make it all go away. So he asks Dr. Strange (Benedict Cumberbatch) to make the world forget that Spider-Man is Peter Parker, which, of course, immediately backfires. He doesn’t want M.J. or Ned or Aunt May (Marisa Tomei) to forget everything they’ve been through together, and so the spell gets derailed in the middle of it. Strange barely gets it under control. And then Doc Ock (Alfred Molina) and the Green Goblin (Willem Dafoe) show up.

As the previews have revealed, “Spider-Man: No Way Home” weaves characters and mythology from the other cinematic iterations of this character into the universe of the current one, but I’m happy to report that it’s more than a casting gimmick. My concern going in was that this would merely be a case of “Batman Forever” or even “Spider-Man 3,” where more was often the enemy of good. It’s not. The villains that return from the Sam Raimi and Marc Webb films don’t overcrowd the narrative as much as they speak to a theme that emerges in the film that ties this entire series back to the other ones. For a generation, the line about Spidey was “With great power comes great responsibility.” “Spider-Man: No Way Home” is about the modern Peter Parker learning what that means. (It also helps a great deal to have actors like Molina and Dafoe in villain roles again given how the lack of memorable villains has been a problem in the MCU.)

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