Got him today, and he rules!
He's definitely a Cybertronian mode figure, and I have no reservations to claim this is a preview figure, like we saw with Starscream and Optimus last time around. His alt mode is s Cybertronian satellite:
That is what I think is the "official" mode, just based on where things go and where the missile launcher sits. but the panels are so poseable it's opne to interpretation. Here's a slightly different on showing off the launcher port (mine didn't come with a missile, but I have one on the way.)
And of course, there's the vaguely Vector Prime "ship" mode:
As for the missile, it's a black, kind of goop looking projectile. Based on what we're heard rumor wise, I suspect this might be Ravage. Some kind of sentient/nanite goop that can be fired and absorb things or convert into Ravage, but that's all pure speculation on my part.
Transformation is involved, pulling the legs apart and down, flipping out the arms and folding away all of the panels., but you're left with a pretty cool robot:
I'm pretty sure this is the proper robot mode. Everything tabs into place and looks good, although, like before, you can arrange the kibble in many positions to suit your own taste. His feet are AMAZING. All three "toes" can move independently, and his ankle is on a rotational joint that give a great range of side to side motion, so he's quite stable:
His sonic panels can be deployed in robot mode if you like:
He's a little shorter than past movie deluxes, but a lot of that is due to his bulk. Here he is with Bumblebee and Barricade:
And a shot of the face:
Sound Explosion!
Seperated at birth?
Overall, he's an AWESOME figure, and really getting me amped for the sequel. Video review is available here:
http://www.youtube.com/watch?v=z65qbeZccmM
With a short update video here:
YouTube - Transformers 2 Revenge of the FallenSOUNDWAVE UPDATE
Enjoy!