As a reboot, the next TF movie might be okay. Because the first Transformers movie was fairly enjoyable. It was pretty simple and captured the spirit of the G1 cartoon fairly well. It didn't have much story depth, but as a first movie that introduces the audience to the world of the Transformers, that's fine.

The sequels should be where the story delves deeper into the finer workings of that story's world. Look at say X-Men compared to X-Men 2 -- the first one was a simple but enjoyable story, and X2 was much more character-story driven (primarily around Wolverine). Ditto A New Hope and The Empire Strikes Back and numerous other examples that I'm sure we can all think of. The problem with ROTF and DOTM isn't that they didn't try to dig deeper into the world of the Transformers - they did. The problem is that they didn't do a terribly good job of it. When delving into the depths of world-building, the stories of ROTF and DOTM is like watching someone clumsily fall down a flight of stairs. I hope that Bay takes the opportunity of doing a re-boot and improves on the weaknesses of the trilogy. Otherwise, what's the point of doing a reboot? If we're gonna have more of the same old same old, then I'd honestly rather have a sequel to DOTM... seriously.

And I hope Hasbro takes notes from the way they badly handled the DOTM toy line... but ya know... it's Archer... his learning curve is haphazard at best. (-_-)