Good film. best of the lot!
Honestly, I think this film is more than decent. It's the best paced of all the films and the humour only pokes it's head in a few times so it's bearable.
Furthermore I find it totally re-watchable too. Bay's stylish way of shooting actually works here as it seems quite contained within the film and you can't deny that it's a good looking movie.
Maybe not a classic but it's solid, good looking and entertaining.
The sequels were just bloated messes and probably should have stopped after ROTF but people keep getting their wallets out.