The first Transformers was nothing but a loud showcase of nonstop action. It wasn't anything special, but I think it accomplished what it was set out to do: simply entertain. I think the expectations for this film remain the same.
I personally loved the first one, and this one will probably be just as entertaining.
I feel like the only one that wasn't entertained and kept getting pulled out of the flick by the plot holes and lapses in logic...who knows, the next one might be better
I don't think anybody says the plot/story to the movie is excellent. Nearly everyone agrees the film has tons of plot holes and continuity errors. I think people are just seperated into the groups of those who could tolerate it and those who could not.