Shia LaBeouf, Megan Fox and Michael Bay

Transformers 3 is set to release 2011, according to The Insider.  Michael Bay is going to once again direct in the third installment of the franchise.  The movies costars Shia LaBeouf and Megan Fox will also be rejoining for the third time.  Although there is no script, the release date has been set.

Update:
Michael Bay has confirmed via his website that Transformers 3 is in the works.  Earlier Bay posted,

Well its official: We have a great Transformers 3 story.  The release date is now July 1st 2011.  Not 2012.

Today is Day One.  This morning started with an ILM meeting for five hours in San Francisco.  Currently I’m flying with writer Ehren Kruger to Rhode Island to talk to Hasbro about new characters.

P.S. Megan Fox, welcome back.  I promise no alien robots will harm you in any way during the production of this motion picture.  Please consult your Physician when working under my direction because some side effects can occur, such as mild dizziness, intense nausea, suicidal tendencies, depression, minor chest hair growth, random internal hemorrhaging and inability to sleep.  As some directors may be hazardous to your health, please consult your Doctor to determine if this is right for you.

I have to digress here a little, I have this issue with movies having a release date before a script is even done.  It is always so obvious when you watch the trite that it was literally slapped together at the last minute with the hope that no one will notice.  Well Mr. Bay, we notice.  Trust me when I say Transformers II was a pile of crap and judging by what is going on with number three, it looks like it will follow in the same doomed footsteps.

Megan Fox and Shia LaBeouf

It is good that Fox and LaBeouf are coming back, that usually means that it might have a chance, but in this case I think it will still suck as much, if not more, then the second installment.  Why don’t you try writing the story first.  Spend some time on it, make the characters well drawn and involved in real conflict and resolution, rather just dumping a bunch of gasoline all over an over sexed explod-a-thon.  The first one was good, do that again.

What do you all think, will you see the Transformers III movie?