Go see Monster House and you might lose your optimism. An ugly little film I had the displeasure to watch with about a dozen other unfortunates this afternoon.
I agree that the trailer does bring Mission:Space to mind. I knew it looked familiar. I just couldn't place it until your post, STR8FAN.
That footage was taken directly from Apollo 13.
I'm psyched about this. Sure Megatron is horrible looking...and Optimus has a paint job. Big deal...have you seen him in his robot form? It's actually pretty cool...and his head looks a lot like the G1 version.
Michael Bay, like him or not, does some of the best action sequences in Hollywood. This isn't going to win any awards for "Best Picture" but that's not what the Transformers are about. It's all about big robots from another planet coming to Earth, taking on alternate modes so that they can go undetected, looking for energy...and waging battle with each other. If that's what this movie is going to be about...I'm all for it.
I am extremely disappointed with Bumblebee though. Ok, so they couldn't get the rights from VW (understandable)...but why not a Mini? Or a Yaris? Or a Smart Car? Something small...heck, even an old MG, Yugo, or Fiat.
Bumblebee was always the little guy...I wouldn't consider a Muscle Car (Camaro) to be a "little guy."
EDIT: Hopefully this will rake in the dough so that the He-Man live action movie will get fasttracked.
Originally John Woo was directing it...but it sat stagnant for so long that Fox had to give the rights back to Mattel. The writer, Adam Rifkin, stated that it is in the works, it will get made...but legally he can't say anything more (as far as the studio or the director are concerned).