The good.
More animated toys...
Yay Arcee!
Rodimus looks pretty awesome, I'm pretty happy with my Classics version though.
Nice to see we'll be getting a Cybertron Ratchet and Ironhide, though again gonna pass on those 2.

The bad...
No more Animated cartoons.
No Omega/Lugnut Supreme.
No Femscream, Strika, Cyclonus or Red Alert...I was really hoping to get those. Would've much rather seen some more characters that haven't been done yet rather than new-mold Hydrodrive BB and a lot of Grimlock repaints.
Wasp as a straight repaint - that BB cheery grin just isn't Wasp, I would have liked to see a Wasp/Bumblebee 2-pack a la Jetfire/Jetstorm with interchangeable heads (Green 'bee, yellow 'bee, green Wasp, yellow/mask up Wasp).
Presumably no Shockwave etc released over here post-movie.