Nope.

Rating: 4/10 (9 October 2007)

This a film where the parts are not worth the sum of the whole. You don't see the Autobots until 1hr. into the film. It has a whole host of highly unnecessary sub plots, and the acting is atrocious on almost all counts (except for Michael O Neill who is quite believable, but seems to be in another film altogether). Shia Laboeuf comes off as a dumb version of Woody Allen's neurotic character, what with the stuttering and panicking. The character doesn't fit at all, although I'm sure he tried.
There are plot holes and character deficiencies the size of meteors. The robots are outside the Witwicky residence 5 ft through open windows away from people. No one hears them talking. It turns from day to night in the beginning battle in about 20 seconds. The defence and phone network for the entire planet is knocked out, which would cause panic - yet nothing is mentioned. Where do the robots get their ammunition from? I am a kid who grew up with the Transformers in the 1980's, and from then until now have also been a way great movie fan. This film betrays the both of my childhood joys. I don't mind the fact that the robots were changed for the movie. Their designs are easily the best thing about the film. I don't even think Michael Bay is entirely to blame for this fiasco. Its the guys who wrote it. The subject has a fully formed mythology that could have easily benefited from a proper retelling - instead we are given a teen picture with no cohesive narrative, and no sympathetic characters...
Nope - this is a screw up and no mistake. I would hold out hopes for Transformers 2, but I have my doubts unless someone pulls a Godfather style sequel to this dirge. Giving it 2 more stars than it desrves because its Transformers. And regardless of this they were the most inventive toy ever created.