I'll keep this short. I know I'm pretty much alone in my zeal.
Exiting the theater after seeing this film (in LieMAX 3D, unfortunately) was like returning home when I was 10 years old, sweaty and scraped after some physical rough-housing outdoors after school with other neighborhood kids. I'd return exhausted and out of breath but desperate to talk about all the cool things we did. It was always fun, messy, wholly unsupervised, and, in retrospect, touched by a precious modicum of pure anarchy. That's what these Transformers films are to me. They're absolutely unabashed in capturing a kind of childlike freedom, energy, irreverence and excess.
I've already defended Bay and his style earlier in this thread. This film had all the Bay-isms you'd expect and in overwhelming supply. As a cinema enthusiast, I truly admire and appreciate someone with a stamp, a signature, a unique way of filling their cinematic canvas.
Now, there's a moment in this film toward the end that reaches an orgasmic visual crescendo that still has me numb from pleasure. It was like a wild aerial ballet of destruction. I lost track of time and space watching that part. My memory is hazy but it involved one of the flying Dinobots careening into various buildings during that final charge against the man-made transformers. It was easily my favorite part of the film.
Anyway, I hope Bay continues his work in the franchise in some way. Not as director, though. Four times out is more than enough. I want to see more original Bay-directed films.