Here's the Wolf Man trailer.
It's definitely a two-legged Wolf Man, and it looks like they decided against mucking with Baker's design, which is a relief.
There are also a bunch of new stills here
I still wish they hadn't gone CGI with his transformation--Baker was pretty vocal about his wishes to do it with practical effects, but the trailer itself looks a lot better than I'd expected. There are a couple of flashes in there of stuff I don't understand, but I'm keeping an open mind.
It has a Hammer-like quality to it, which I like. Del Toro's got the tormented Talbot thing down. I was kind of afraid they'd go the modern werewolf route and start off with him enjoying the transformations, feeling invigorated, etc. (That wasn't based on anything I'd heard about the film, it was just in the back of my mind.)