1, 3, and 4 all had their share of decent moments. Basically anytime the Transformers were actually front and center. There was just an unfortunate about of nonsense in between those moments. 2 somehow managed to not even have those which is just some kind of achievement frankly. I have rewatched 1/3/4, on purpose, a couple times, and 2 just... no. No redeeming qualities whatsoever.
I'm probably as big a Transformer fanboy as one can be without spending thousands of dollars on toys/comics so I will probably see this stupid one too. Hopefully it just isn't 2 all over again.