Here's my impressions...
1. I love midnight premiere crowds. I saw lots of groups of college kids, and it reminded me of the fun I had going to premieres with my friends. (Our crowning moment was getting about 20 people all costumed up for the Return of the King).
Lots of homemade Transformers shirts - so very creative. Also, everyone kept cheering and clapping throughout the movie, which was fun.
2. The movie itself: OK, so just "as a movie" it's not that fantastic. It's pretty much one long action sequence, that starts in Shanghai (OMG PARACHUTING PRIME HOW COOL WAS THAT! SUCK MY POPSICLE! HEEE!) makes a quick stopover on the Eastern Seaboard and ends up in Egypt. With a smattering of humorous interludes with the puny fleshlings. Of course I loved it, but then, my appalling lack of taste is well-documented.
Coulda done with less humping in general, though Wheelie did make me laugh. (I would clean those boots if I were you, Mikaela.)
JETFIRE!!!!! :DDDDDDD and then DDDDDDDDD:
OHHAITHARJETPACKEDPRIME! HAVEN'T SEEN YOU FOR AWHILE.
Sam's kind of a cockbib boyfriend.
I think I could actually hear the sounds of 100 pairs of testicles shriveling when that tail came out from roboskank's dress. And the sound of another hundred...well.
The Doctor has watched too much Japanese nostril-rape hentai. Also, I was... not amused really, but interested in how many people reacted with disgust to the rape language used in The Doctor scene. I wonder if it had been Mikaela on the table if they would have reacted the same way.
Who am I kidding, of course they wouldn't.
MIKAELA. YOU WERE THE ACTION GIRL THE ENTIRE MOVIE. YOUR BOYFRIEND WAS A LAZY SLOB. WHY DID YOU FALL APART AT THE END?
OH YEAH CUZ IT'S MICHAEL BAY.
I think also that somehow, even with MORE robot time, we got less characterization. AND RATCHET. He got, what, TWO LINES???? WHAT THE HELL.
Autobots deboning various Decepticons? Très AWESOME.
Hideous racial stereotypes? Très NOT as awesome. :(
I'm kind of glad that my private head-canon version of Simmons was somewhat vindicated. I mean, he's kind of a jerk, but we only got to see him in the first movie during a high crisis time, where LOTS of lives hinged on his decisions. Pretty much everything he did during the first movie was justifiable from the POV that the number one and only priority was saving as many human lives as possible.
Last thought: Why was I the only one in the theater who laughed when Megatron beat Starscream with his own arm?