Okay, the morning after there's still some things I'm unclear about.
When Megatron launched himself out of the ocean and into space, where did he fly to? I was busy messing with my popcorn and missed something. Did he fly/teleport all the way to Cybertron, or was that the Nemesis where he met with the Fallen and Starscream?
Who was the big guy rolling on the big wheel at the beginning of the film? Seeing his image online and in the trailers, I had thought he was a Constructicon, but he's killed early on. What was his name?
Who was the guy the Constructicons killed so the Doctor could use his parts to revive Megatron? Orci did an interview where he made it sound like this was going to be a G1 reference, but if it was it went over my head.
Surely the one thing no one can complain about was the FX, right? Actually, maybe I'll be the only one. Don't get me wrong, the FX on the whole were incredible, the detail just astounding. Many Transformers look even more photo-realistic this time. However... many scenes I thought looked cartoonish. It's still eye-candy, but not as convincing somehow as it was in the first movie.
On the whole, however, it was a movie I know my inner 10 year old Transformers geek would have died to have seen back in the day. And that's really, I think, the way to enjoy this film. Bonus points to the filmmakers for working Pretenders and insecticons into the movie. The movie Pretender made a lot more sense than the original G1 pretenders did.
You know, though, I really wish when Soundwave had launched Ravage, he said, "Ravage, eject. Operation: retrieval."
My initial complaint about the movie is why do you side-line Megatron AGAIN to introduce his never-before-referred-to-master-who-he-is-all-loyal-to?
To be fair, the Fallen is a character who actually has appeared before in the Transformers mythos. So he wasn't invented out of whole cloth by the filmmakers.