Transformers Movie on the way ?

So I was reading through my game blogs recently and I saw that Activision has acquired the rights to the Transformers live action movie. Now I know that all the 80's kids out there are simply drooling at the sound of this (I know I am) . How cool will it be to see a live action Optimus Prime kicking the crap through Megatron. Of course you may all say this could be a load of bollocks but I still live in hope especially with both the trusty IMDB confirming it and photos of some advertising material. The only thing that would make this movie even better would be Dinobots. All we have to do now is wait