I think it's gonna absolutly CRUSH every Box office Record in it's first Week. It remains to be seen if the second week will go anywhere from
A) The people who remember to original Transformers and can't identify with the new "Vision"
B) The Fans who Don Murphy spent so much time communicating with only to have Bay spit in their eye and claim he was always looking out for them.
Personally I'm torn. On one hand I want the film to succeed and get sequels. on the other hand I want to see Michael Bay fail and ridiculed for being Yet ANOTHER Hollywood type who thinks they can come into some project and know it better than the fans. People who learned nothing from Super-Mario Brothers, Godzilla, and every other Re-imagined property.
It's a fact that one of the main reasons the original film failed was how violent it was in comparison to the TV show. here we have a film rated R for it's violence that is getting a PG-13 cause Spielberg said so.