Pretty awesome rearranging done in this edit, but this is the one transformers movie that I liked, and IMO too much was removed. More often than not the changes made in this one are pretty great, and maybe there is really no way to edit a movie with so much fluff in it, but it just seemed a little flat to me. With even less substance than the original, Megan Fox isn't an actress but her character serves even less purpose in this edit. Some things just happened with no build up or resolution at all. For example in this edit we're left wondering what happened to the Secretary of Defense, the two hackers, and the Sector 7 leader? Last time we saw them they were trying to get the radio to work.
I will say on the technical side, it was seamless.
Overall good things here, I'm just not sure what else could be done with this one.
Foreword: I haven't seen the original in sometime, which I prefer for watching edits and I also didn't review the changes (log) ahead of watching, which I also prefer. I looked at the edit list back when I downloaded the edit, but I like to not know what I'm walking into; I don't watch an edit for a few months or more after downloading it.
What I liked: The intro change was nice. I liked that you redid the movie enough that I thought you might be including bits from the more recent films. It was a refreshing take on the first Transformer movie.
What I didn't: I believe that for what I think you were going for you could have cut down on some of the action. Also the scene right before Sam get's harassed by the Decepticon Barricade about the glasses it felt a little jumpy how quickly the girl shows up and even makes their "relationship" seem to unfold in an unnatural way later as the movie goes...but personally I'd rather take out that love element if it were possible.
Overall: I would recommend people check this out. This version sits better with me than the original release.
Extra: Keep up the good work! Would like to see you do this in better definition, or maybe release it in a better encode, which ever was the reason for the video quality.