Michael Bay starts on Transformers 3

It was a toss-up between a picture of shiny robot cars or Megan Fox for this picture. The shiny robot cars won.

Michael Bay has officially picked up the crayons and begun work on Transformers 3. According to his blog post, he's flown to Rhode Island for a business meeting with Hasbro. I imagine by 'business meeting', he means 'playing with their awesome new toys'. The script will be 'written' by Ehren Kruger, who wrote Transformers: Revenge Of The Fallen and Reindeer Games. And Scream 3. See how deep he is.

Transformers 3, as yet without an unnecessary subtitle, will be released in the US on 1 July, 2011. If calendars went that far into the future, we'd suggest you mark the date as one to remember, or least one to not release your movie on if you're a producer.

Bay, ever the sensitive soul, took the announcement as another opportunity to flirt awkwardly with star Megan Fox, who will also return: