As a Transformers fan, this video makes me very happy, especially in the pants area.  I like the new bot designs a lot, and I am very glad they are making some figures for this.  I'm not going to say anything else here, I'm just going to let the trailer speak for itself.  Oh, and watch for the two big surprises.

Transformers: War for Cybertron features two distinct storylines: the AUTOBOT campaign tells a story of heroism to save their home planet against overwhelming odds, and the DECEPTICON campaign tells a story of an unquenchable thirst for power to control the universe. For the first time in a TRANSFORMERS title, fans will be able to play the game with their friends through team-based online co-op, or go head to head in a variety of intense, online multiplayer game modes. The game features a sci-fi art style that introduces to fans the entire living, metallic world of CYBERTRON, as well as all-new visualizations of the iconic TRANSFORMERS characters in their original Cybertronian forms.