TF2 finished filming, and expected length.
From here:
http://www.tfw2005.com/transformers-...-movie-166276/
Quote:
"one new bit of info I can tell you is that the movie will be a longer than the first one (probably)"
Additionally, Roberto explained that the footage shown at the recent wrap party was not a trailer but rather select footage only, and did not show any footage of the robots. He does confirm though that to the best of his knowledge, all of the designs for the 'bots are pretty much finished.
The first movie was 2 hours 20 minutes, so if the second is at least that length, it's no wonder the filming has taken so long to do.
That leaves about 6 months for post-production. Seems a bit tight, considering the amount of robot action we should expect in this second movie.