I got to see it tonight.
I can report that it's nothing less than HOT.
I was afraid that it was going to be a big steaming pile of cheese gift-wrapped in one big advertisement for GM. I was dead wrong. Sure, you get the various GM logos flashed in your face plenty, but
**MINOR SPOILERS***
***SERIOUSLY***
One of my friends made the comparison that it's roughly the same plot of Independance Day... but with transforming robots. I see the direct comparision clearly, but I think it's action-packed enough and as a whole different enough that it doesn't matter.
I also think John Turturo's character gets annoying real fast. Too much attempt at comic relief from that angle.
I will definately be shelling out the cash to see it again shortly after or on the release date.