As for Transformers, as far as I'm concerned it's DOA. What a stupid premise.... Ok fine for a Saturday kids cartoon in the 80's but Cinema?!?!
Actually it's completely fine for cinema.
The premise is great for an end of the world/disaster movie like War of the Worlds. I would make the robots never say their names though, a name like "Bumblebee" is not exactly awe inspiring. Focus more on the "machines of destruction" that the evil Transformers are and on the resulting mayhem; drop the teenage stuff, the sex comedy, the fart jokes, the "cute" and funny characters and of course the ADD puke inducing cinematography and it would work.