I for one am happy. I am now 29, and like some people here, I grew up with TF. I have a HUGE collection of the toys, and I still pop in an episode of the cartoon on the DVD player every now and then.
And here's the thing: I actually LOVE the movies. And to make matters even more confusing, I despise Bay. The man is a cancer on the movie industry, but for the TF movies, he has Spielberg reigning him in every now and again. And it shows. The TF movies are family films, silly Summer blockbuster fun, but they ARE fun to watch. Here's what a lot of people are missing, something that annoys the hell out of me: if you like one thing, you don't have to hate something else to make up for it. It's perfectly alright to like both the cartoons and the movies. Shocking, I know.