I'm looking forward to it. I think, it might be more action packed than the last one, since now they don't have to worry about setting up the characters as much and trying to be mysterious. We already know what Prime, Bumblebee and some of the others look like well enough so we don't need them to go through a whole roster call out - although with all the new bots in this movie, it would be nice, but eh... I'll even settle for their names to come up in the dialogue. Not the whole "And my first lieutenant Jazz." "Wassup bitches!" that was truly horrible.
But I'm optimistic, they've had a chance to sort of figure out what worked and what didn't, they also have the benefit of having the 'world' set up for them, so all they need to do is just get to the action, kick some ass, make it look good, and show as much of Megan Fox's ass as you can.
It actually seems like they're trying to really make this an all out battle, instead of just a few skirmishes here and there. So I'm hoping that at the end of the movie, any losses are felt hard by the audience and you have a feeling of being pumped up after it.
Just please... no more Shia and Megan making out on the hood of a car. That's what the back seat's for.