The problem with Magento as a character is that he's portrayed as Malcolm X in his rhetoric, but as Dr. Strangelove in his technique. The number of times Magneto has tried to engage in Uno-Reverse Genocide - reprogramming Sentinels, reverse engineering killer viruses, rebounding mind control, redirecting asteroids and bombs aimed at his friends back towards civilian non-mutant areas, reversing the magic ray that strips you of your mutant abilities so that it gives them to you instead - makes him deeply unsympathetic simply because this shit never actually works and typically turns him the poster child for "Why All Mutants Must Be Exterminated!" rhetoric works on the non-mutant population.
Say what you will about Malcolm X, but he never tried to brainwash the LAPD into killing all the white people.