I believe the Hollywood blockbuster peaked with this movie. I don't mean in terms of quality, but in terms of all the ingredients used to make them being stuffed into one movie, and put in a blender on hyper speed. It's an awful fucking movie for sure, but holy shit does it entertain and deliver action spectacle in spades.
Every blockbuster cliche imaginable is in this film and turned all the way up to high.
-Earth in danger of eradication? Check
-Tons of 'splosions? Check
-Lots of CGI? Check
-A cut every 1.5 seconds? Check
-Comedic one liners galore? Check
-Borderline racist stereotypes? Check
-Cardboard characters? Check
-Corny, half baked romance? Check
-Flag waving jingoism? Check
-Bombastic, generic and repetitive score? Check
Michael Bay pretty much had it down to a science at this point. But the amazing thing is it works, and it works really really really fucking well. He almost takes everything about blockbusters and makes them into an art form here. It nearly transcends it's limitations.