Transformers, even though i've seen it three or four times, did suck. It could probably have been good, if Micheal Bay hadn't directed it. And seriously, tell me how awesome that movie would've been if they had, for example, cut out all of the human-characters dialogue? I mean, none of the characters expressed any emotions, or performed any actions, that couldn't have been replaced with mime. (If you mime something that's superficial and cliche, it magically turns into art. Try it. At the very least, it takes less time and you're not sitting through it, squirming and wincing, for as long.)
This is a YouTube project for somebody with way more time and skill than me.
BUT: all of the things that sucked about Transformers where also things that suck about all Micheal Bay movies - the man has never made a good film. So, possibly, the scriptwriters have far less influence than you would assume. I mean, extract the Micheal Bayness from Transformers (i.e. the elements that Transformers has in common with other Micheal Bay movies), and you get a decent movie. Add more talented writing and care, and it could've been brilliant.
Now, Micheal Bay has never made a good film, but Roberto Orci and Alex Kurtman, despite their association with him, have worked on good TV shows. They were involved in Hercules, Xena, and Alias. Sure, these shows, while among my sentimental favourites, can also be pretty bad when they want to be. But Star Trek is admittedly in the same league, so that tells you nothing anyway.
So... it could be good. It could mean nothing. If you could extract and distill the J.J. Abrams-ness from all his movies and TV shows, i think you actually get something pretty decent - sometimes sloppy, but unlikely to be boring.
Now imagine you could liquify Transformers and boil away all the Micheal Bayness to purify it, and then soak it in J.J. Abrams. Abrams is like, exactly the sort of director who might well think of reducing all the human dialogue to mime and letting the eerie giant-robot-ness take over. Maybe? Well, he'd be more likely to do something cool than... again... you-know-who.