Well, at least you didn't out-and-out hate it.
That being said, I'm still going to see this movie. And if it means it was just as good as - and maybe even slightly better than Transformers 1 - chances are I'm REALLY going to dig it.
Yes, on hindsight, ROTF was crap. I can't really defend that movie. I didn't even buy it on Blu-Ray if it makes you feel any better. The fact they didn't have a polished script at the time highlighted and laid bare everything that was bad about the franchise. I can't deny that.
Yet at the same time, I don't hold that much reverence for Transformers like you or other fans seem to do. As you might have read before, I have a good 10-year lead on you lifewise, so first of all Transformers never really got to me the same way it did those who were younger; I just saw it as a 30-minute-long toy commercial that I turned off my brain and watched when I got home from high school. It wasn't very substantial (Robotech was where I wanted to go for that). It was TV junk food. The only reason I cared about Transformers: The Movie was because of its PG rating and the fact that "OMG! They're actually DYING in this!" and "Heavy Metal soundtrack! Kick-ass!" and "Did I just hear Spike say 'Shit'?" If it didn't have any of that, it would have been just as bad and forgettable as all the other 80's cartoon movies that were coming out at the time. So when the first one came out, I went in with kind of the same attitude. And when Bay did pretty much the same thing cranked-up to 11, I was satisfied.
So when I look for good, intellectually stimulating Sci-Fi, I don't expect much from Transformers in ANY incarnation to begin with. If I want something substantial, I'll go to Star Trek or Babylon 5. If you look at my movie collection, you'll find masterpieces like The 2001, Dark Knight, Akira, Star Trek II, Dark City and the Lord of The Rings trilogy resting alongside Van Helsing, A.I., Heavy Metal, Flash Gordon and Starship Troopers. It's not always so cut-and-dried an issue.
Or look at it this way, you and I both loved Sucker Punch, yet everyone continues to rip on that movie. I bought the extended cut on Blu-Ray and don't feel ashamed of it in the least bit. Or again, you absolutely loved Splice, yet I found that as good as the premise was, it all fell apart in the last 10 minutes with a...um..."climax" that was totally ripped-off from The Beast Within, and I just couldn't get over that.
So let's just agree to disagree on this one. I don't think that me or anyone else who likes this movie somehow makes us bad people, any more than I think your liking Splice makes you one. And you can at least take some comfort in knowing Michael Bay won't be back and hope that they'll get a better class of director next go-round.