What If...Magneto and Professor X Had Formed the X-Men Together?

writer: Chris Claremont
artist: Tom Raney
published by Marvel Comics

So, I forgot that I bought another of the What If...? one-shots. Man, I should have forgotten to buy it.
So, if you write a book called What If...Magneto and Professor X Had Formed the X-Men Together?...shouldn't Magneto at least play a part in the festivities?