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“After much thought and internal discussion, we felt that between the two, ‘Miracleman’ was the coolest name for the project. I wish I had a more scientific answer for you, but that’s kind of how it went down. A bunch of us sat around at the editorial meeting and talked about it. We all remember it fondly as ‘Miracleman’ and just felt that the name was by far better than Marvelman. That’s not to say that the name Marvelman isn’t in play for something else down the line some day, but when asked to choose between the two, well …”
— Marvel Chief Creative Officer Joe Quesada, in an interview with Comic Book Resources, explaining why the company chose to go with the name “Miracleman” over the original “Marvelman”