That's a bit different. That's like "transforms from robot to truck and back" that we had in G1.
Although Razorbeast and Cheetor aren't perfect replicas of their beast forms, if you look at Razorbeast you know that it's meant to be a boar. If you look at Cheetor it's very obvious that it's meant to be a cheetah.
Look at Beast Machines Skydive... its form is so obscure looking that even Hasbro themselves were confused and erroneously mislabelled its beast form on its card!
Let's play "guess the beast mode" with BM Skydive!
http://i12.ebayimg.com/01/i/000/e4/93/11c4_2.JPG
Is it supposed to be a:
a/ Pterodactyl
b/ Pteranodon
c/ Eagle
d/ Quetzalcoatlus
e/ Pelican