Transformers movie - WTF happened to Megatron?!?

Details are emerging from the new Transformers movie and this one just ain't good.

What you see above is the Megatron we all know and loved to hate growing up. Not to mention he transformed into a fucking gun. Could he have been more bad ass?

The hideous, piece of shit picture you see below is how Megatron will look in the upcoming Transformers film.

Can someone please tell me WTF is up with him transforming into a jet and having Freddie Kruger fingers? He looks like a metal Predator. Not good.

If Optimus Prime transforms into a unicycle, I'm going to start a boycott...

(click pics to enlarge)