This is not one of Magneto's better plans. And some of his have been real doozies.
It actually turns out surprisingly OK. Everyone gets little character moments. Wolfsbane and Catseye bond; Cannonball and Jetstream develop their rivalry; Magma discovers that Selene might be her ancestor (a distant very-great-grandmother - so I think we're supposed to believe that Selene actually is the Roman moon goddess at this point); Karma goes snooping for intel about her brother and sister; and Moonstar and Thunderbird face off about their respective teams. They end up in a challenge to find out who had sold a dodgy copy of a statue of Selene to a Hellfire club member; the Hellions win, by pointing the New Mutants at the early levels while the Hellions go straight to the boss fight. Sneaky.
Cypher and Roulette end up in bed together (after Cypher got lucky), where they are caught by the other New Mutants. This might possibly warrant adding them to the chart, except that the dialogue seems more pre-coital, so it will remain unadjusted.
And, while they were having all that fun, they've been basically driving off Karma, who has now left the team (again), on a quest to find Leong and Nga. According to the letters page in New Mutants #65, this was to have been a plot in Fallen Angels 2, which never did happen for various reasons...