She's around somewhere. She popped back during the Clone Saga. The writers stupidly didn't just have her melt into goo like they should've, so she's back in character limbo.
What ever happened to the Gwen Stacy clone from circa 1974?
and that is how you can explain sins past away.
That's what I figured. It might've made more sense for Osborn to have boffed the clone Gwen Stacy, then had her melt into goo shortly after having the Goblin kids (who are, I assume, also now in limbo).
Every time a creative team takes over you should just expect that the issue number will magical reverse to #1 or #0 whatever the case maybe. And it will be a Brand New Day for said hero
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