Following in the footsteps of X-Men and other fictional characters come-to-life, Don Murphy and Tom DeSanto are teaming up to create a live-action Transformers movie! [Thanks, Cedrus]

Although I don't know if anyone besides Peter Cullen could really voice Optimus Prime.

The original Transformers cartoon (which, praise the Matrix, is being released on DVD now) featured a lot of talented cast members. For a cartoon, it was really quite well done.

Okay, now for the obvious question: How the heck to you turn a live actor into a robot? Would it be like a Megatron body with a talking face? As cool as a live-action Transformers movie might be, I don't see how it could happen. The robots' eyes and mouths (or mouth shields) is what made their faces identifiable.