Transformers The (live action) Movie

This 30-second car advertisement demonstrates that a live-action Transformer movie is possible:
6.3MB QuickTime clip

Of course, with Michael Bay directing, there's less hope it will be good (although I'm looking forward to The Island). Steven Spielberg is an executive producer, and his enthusiasm for the toys and the characters in this video footage shown at San Diego Comic-Con does leave hope. I'm even optimistic the Autobots will be based out of Oregon.

DreamWorks also had a booth at the convention (our pictures are forthcoming but you can see some official ones by clicking the previous link), including an 18-wheeler (it's Optimus Prime!) covered with banners advertising the movie. We got a few free buttons, too. Mmm, swag...