I think not. Although this exact story has not happened to my knowledge, it is a feasible representation of what can and does happen in comic books. In several ways, such a story can do great damage to the medium. Conversely, Superman is made to look like some idiot who has nothing better to do than to eavesdrop on the sounds produced by millions of Metropolitans. Saddest of all, many readers have been exposed to so many of these tales that they do not even realize that they've been cheated.
Comic books continue to be demeaned and marginalized by the public.
Try to convince somebody of the validity of the medium, when you have such feeble stories to show them. Of course, some people will point out, that hey, the fan base is quite young, so you have to allow for shallower stories. I wasn't the only one at my school reading Tolkien, Stephen King, Shakespeare, Hemingway, Isaac Asimov and W. O. Mitchell in my early teens. The comic book medium will never gain respectability with holofoil covers, bigger badder and meaner villains, more voluptuous anti-heroines, or outdated literary conventions. The road to respect is paved with well crafted, challenging stories.